XRP has spent nearly a year trading inside a tightening descending channel. That kind of prolonged compression tends to resolve with force. Crypto analyst Floppy (@FloppyX) has outlined a scenario that puts the next major move in sharp focus, and the chart backing it up tells a clear story.
A Year of Compression
The daily chart shows XRP locked inside a descending parallel channel stretching back to mid-2025. The asset peaked at $3.65 in July 2025 before entering a sustained decline. Since then, the asset has continued printing lower highs and lower lows within that channel, with price now trading around $1.0890.
The chart marked several key horizontal levels. Support sits at $1.1658, with additional levels at $1.3205, $1.5106, and major resistance at $1.8212. Each of these levels aligns with prior price reactions visible on the chart. Floppy believes the resolution of this pattern cannot be quiet.
The next move on XRP could happen much faster than most are prepared for.
Extremely compressed trading in a tight channel for a year now, I don't think that will come to an end quietly… pic.twitter.com/8yrsbCWu5t
— Floppy (@FloppyX) July 18, 2026
What the Chart Projects
Floppy’s projected path shows the asset dipping below $1 toward the channel’s lower boundary before a sharp reversal. The projected move then targets $1.1658, pulls back slightly, then breaks through $1.3205 and $1.5106 on the way to reclaiming $1.8212. From there, the projection extends aggressively higher, targeting the previous highs and beyond by September.
The setup hinges on a channel breakdown followed by a strong rejection. That type of move, a false breakdown into a reversal, tends to trap sellers and fuel aggressive buying pressure on the way back up. Floppy notes that “the next move on XRP could happen much faster than most are prepared for.”
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Accumulation or Breakout?
Not every analyst sees a sharp V-shaped recovery as the base case. ChartNerd (@ChartNerdTA), another prominent analyst, offered a more measured take. He believes XRP will most likely mark a low and then enter a prolonged accumulation range before any meaningful markup begins.
He also raised the possibility that institutional participation could mean slower, more deliberate chart behavior, with large ranges forming before large moves follow. Floppy’s chart projects a faster resolution, while ChartNerd allows for a drawn-out base-building phase. Both agree that a significant move is forming.
XRP now sits just above $1 support. A clean hold of that area keeps the bullish projection valid. A decisive reclaim of $1.1658 would be the first confirmation that structure is shifting. Above $1.8212, the path toward previous highs opens up considerably.
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.
Follow us on X, Facebook, Telegram, and Google News
