XRP uncovers its gemstones: technical signals of massive reaccumulation 💎

The XRP chart against Bitcoin is sending a clear message that cannot be ignored. Moving averages are experiencing what analysts like Egrag Crypto call “Super Guppy Compression,” a phenomenon where price bands compress to historic extremes. In simple terms, it’s like a spring under maximum pressure for years, waiting for the moment to release. The technical analysis gems are beginning to shine on the XRP chart.

The historic compression in XRP: when the technical gems are revealed

Imagine the moving averages as layers of accumulated pressure. When they are so compressed that they barely have space, it means something must give. In the case of XRP, selling pressure has reached its limit: literally, no one wants to sell their coins at these price levels.

The most significant thing is that the short-term ribbons are already showing green, while the long-term ones, although still red, are starting to flatten. This color change is not just any movement; it is the visual confirmation that we are transitioning into a re-accumulation phase. The strong hands, those institutional investors and large accumulators, are absorbing all the available supply. They are preparing the ground for what many analysts consider an imminent move.

Bullish scenarios: from technical support to price targets

The bullish rectangular pattern formed by XRP shows a support that holds every time Bitcoin tries to push the coin downward. The numbers are where this analysis gains its real weight.

Winning Scenario (probability 60-70%): A breakout of resistance at $0.0000338 opens the doors to a conservative target of $0.000091. But here’s the truly important part: the final technical target is at $0.00014, representing a significant jump. The technical gems of this analysis are these specific levels that the technical pattern predicts.

Alternative plan (probability 30-40%): The structure could maintain this prolonged sideways movement if it does not break out with enough strength. However, technical analysis suggests that the confinement time is running out quickly. Extreme compression of the moving averages historically does not resolve with sideways movements; it resolves with explosive moves.

Are strong hands accumulating?: Re-accumulation as a sign of imminent movement

XRP is leaving its historic role as the “eternally forgotten” to position itself as the asset with the greatest potential for movement against Bitcoin in the 3 to 6 months horizon. This technical transformation is evident in the re-accumulation phase it is currently developing.

The central question is not whether XRP has potential—the technical structure already screams it loudly—but whether you will have the discipline to wait for this historic compression to resolve. While the spring is being tensioned, the most solid technical analyses suggest that the gems of this move are about to be uncovered by the market. The board is about to change hands, and the window to accumulate at these levels will not be eternal.

XRP-9,41%
BTC-8,4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)