Crypto analyst Bird (@Bird_XRPL) believes XRP may be approaching a major breakout phase after months of consolidation below a descending resistance line.
In a recent tweet, Bird wrote, “The charts show that XRP will rally next,” sharing a daily XRP chart that signals a possible trend reversal.
The chart focuses on XRP’s long decline from its all-time high of $3.65 reached in 2025. Since then, the asset has traded under a downward-sloping resistance trendline that repeatedly capped recovery attempts. That trendline now sits directly above current price action near the $1.45 to $1.50 region.
Recent candles show XRP pressing against that resistance after spending several months moving sideways in a tight range. The structure now suggests buying pressure continues to build near a critical breakout level.
The charts show that XRP will rally next. pic.twitter.com/J5IiKL2LLX
— Bird (@Bird_XRPL) May 12, 2026
XRP Tests Multi-Month Resistance
Bird’s chart highlights a clear technical setup. XRP traded beneath the descending resistance line for nearly a year. Each rejection pushed the price lower until the market eventually stabilized around the $1.20 to $1.30 range earlier this year.
Since March, the asset has formed a more compressed trading structure with smaller price swings and consistent support above recent lows. That behavior often appears before volatility expands again.
The chart also shows XRP now trading directly at the intersection between horizontal resistance and the descending trendline. Bird marked that zone with a green circle, signaling a possible breakout point.
A confirmed move above the trendline could open the path toward higher resistance zones that previously acted as support during the earlier rally.
A Potential Move Toward $4
Bird’s projection suggests XRP could accelerate sharply once its price clears the descending resistance. XRP traded near $1.46 at the time of Bird’s analysis, and the chart includes a large upward arrow extending toward the $4 region. That target would place XRP above its previous highs.
The structure shown on the chart resembles a long accumulation phase following a prolonged correction. XRP no longer shows aggressive downside movement. Instead, its price continues to hold within a stable range while gradually pushing into resistance.
For now, traders will likely watch the resistance zone closely. A daily close above the descending trendline could strengthen bullish momentum and confirm the breakout structure Bird highlighted in his analysis.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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