Crypto analyst ChartNerd (@ChartNerdTA) posted what looked like a bearish death sentence for XRP. He declared the move was over and that XRP was heading to zero. The chart appeared to confirm it.
Green arrows showed rejection after rejection. A white arrow plunged toward total collapse. Most readers saw a broken asset, but a closer look reveals something intriguing.
What the Chart Shows
ChartNerd labeled the image clearly as an inverted monthly chart. Flipping it reverses the entire picture. The red lines that look like downward-sloping resistance become upward-sloping support on a standard chart. XRP has tested the current support level multiple times over the years.
The green arrows, which appear to show failed rallies on the inverted chart, mark successful retests of that support line in reality. Each retest held, and the structure remained intact.
Reexamining Previous Breakouts
Three major moves stand out on the chart. In 2017, 2021, and late 2024, the inverted chart shows sharp drops. On a normal chart, those same moves represent rapid surges. XRP launched aggressively during each of those periods. The pattern repeated across multiple cycles.
2017 pushed XRP to its previous all-time high. 2021 saw the asset push against the legal pressure and hit a peak of $1.96. The rally in 2024 was historic, as XRP climbed more than 500% in a short period and crossed $3 for the first time since 2018.
The current position places XRP near that long-term support line again. The white arrow on the inverted chart projects a continued decline toward the $6.50 to $9 range. On a standard chart, that projection points upward. A move toward $6.50 becomes the target.
The Pattern Behind the Post
The current price marker sits at $1.04. Moving to $6.50 would send XRP up by 525%. ChartNerd has used inverted charts before, and the presentation creates an initial impression of collapse. The underlying analysis communicates the opposite.
The structure on this monthly chart spans from 2014 to a projected 2028 conclusion. That is over a decade of price behavior supporting the bullish outlook. XRP has not broken its support. It has retested it multiple times and recovered on each occasion. The post reads like a warning, and while the asset’s price may be falling, the chart tells a different story.
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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