XRP Analyst Warns: Nobody is Ready for This

An analyst says that no one is prepared for XRP's next move, citing a repeating trend structure that has played out twice before. The pattern involves three retests of an ascending support line, with a sharp expansion following the third retest. In 2014, XRP first created the ascending support, and then returned to it in 2015 and 2016 for two retests before surging over 60,000% after the third retest in 2017.

The current cycle is showing a similar pattern, with the creation of ascending support in 2019, followed by retests in 2021 and 2024. The latest test has brought XRP's price to around $1.31, although it had fallen as low as $0.9884 before rebounding.

The analyst's roadmap for XRP includes targets of $1.10, $0.97, and then a series of higher targets including $6.50 and $13. According to the analysis, once the support level is confirmed for the third time, the expansion could accelerate.