XRP Developer Sees Parabolic Breakout in Days Amid Identical Technical Indicators
A prominent developer and analyst claims that XRP is on the verge of a parabolic price surge, citing technical indicators similar to those that preceded the token's explosive rally in late 2024.
The analysis, published by Drop CEO Bird, centers on the weekly Moving Average Convergence Divergence (MACD) structure. On July 15, 2024, XRP printed a bullish cross on the weekly chart, followed by a period of stagnation where the MACD flattened.
Bird argues that the current 2026 structure is remarkably similar, with XRP generating another bullish weekly MACD cross on April 13, 2026. He emphasizes that the timing is 'EXACTLY the same' as the previous cycle, pointing to a potential breakout in the coming days.
Crypto trader Crypto Michael offers a complementary view, focusing on the $0.90 level as critical support for his bullish outlook. He suggests that the current decline is designed to shake out weak hands and that 'many will fold and capitulate'.