XRP Captain (@UniverseTwenty), a well-known analyst on X, has drawn attention to what he describes as a significant technical setup in XRP’s price action. His recent post includes a chart suggesting that XRP is preparing for a substantial breakout, potentially the largest in its history.
The phrase accompanying the post, “Longer The Base, Higher In Space,” echoes the well-known principle popularized by Louise Yamada, suggesting that a prolonged period of price consolidation can lead to an explosive breakout.
The chart displays XRP’s monthly price movement against the U.S. dollar on Bitstamp. A key observation is the extended period of price consolidation between early 2018 and late 2024, forming a strong support base for the asset.
True Phrase, once we breakout from this swing low, I expect the next move to be parabolic! Don't expect over $100 but my top would be 2 figures brotha
— JD 🇵🇭 (@jaydee_757) February 17, 2025
The chart highlights XRP’s recent move which broke years of consolidation and sent the asset to a multi-year high of $3.39. This impressive surge began in November, shortly after Donald Trump won the U.S. Presidential election, and former SEC Chair Gary Gensler announced his resignation.
XRP Captain emphasizes the gravity of this breakout, highlighting the multi-year consolidation phase as a launch pad for a significant rally. The projection on the chart suggests a future price target of $250, 100x the digital asset’s current price of $2.5
Market Reactions and Alternative Views
Following the XRP Captain’s post, another well-known analyst, JD (@jaydee_757), responded with a more conservative outlook. While agreeing with the general premise that a long consolidation can precede a strong breakout, JD expressed skepticism about XRP reaching three-digit price levels.
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— TimesTabloid (@TimesTabloid1) July 15, 2023
He stated that once XRP breaks above its current range, he expects a parabolic move but tempered expectations by adding, “Don’t expect over $100 but my top would be 2 figures.”
This response reflects the broader sentiment within the crypto community, where expectations for XRP’s price movements vary significantly. Some traders foresee an aggressive rally reminiscent of XRP’s 2017 bull run, while others maintain a more cautious stance, citing market conditions, regulatory concerns, and overall liquidity constraints.
However, JD’s conservative target is also significantly greater than the asset’s current price. He recently predicted a move to $27 for the digital asset, and whatever direction it takes, it would still bring life-changing wealth to early investors.
If XRP maintains its current trajectory and sustains a breakout above its previous resistance levels, it could lead to a rapid price acceleration, starting a historic rally to new heights.
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 urged to do in-depth 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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