XRP is approaching a major decision point on the weekly chart posted by crypto analyst JD (@jaydee_757). The chart shows XRP trading near $1.06 after a prolonged decline from its 2025 peak of $3.65.
JD has mapped the movement inside a falling wedge. He believes that a breakout from this wedge could bring a notable breakout. He wrote, “If confirmed and history rhymes… 2028 could be the next ATH cycle.”
The chart also highlights $1.01 as an important level. JD says he bought more XRP at $1.01 after taking profits below $3.37. He also marks $1.0133 as the 0.786 Fibonacci level.
g…g…g…GASP! 😵💫😵
Is #XRP FINALLY BREAKING OUT of the FALLING WEDGE?! 👀📈
Still needs to BREAK & HOLD above key resistance levels for confirmation. 🎯
If confirmed and history rhymes… 2028 could be the next ATH cycle. 🥂🔥
LETS GET RICHER like how we did last cycle!… pic.twitter.com/mZm8W6Dk7d
— JD 🇵🇭 (@jaydee_757) August 19, 2026
The Falling Wedge Holds the Key
JD identifies the pattern as a bullish falling wedge. The chart shows two descending trendlines converging. The upper trendline has already produced several rejections. XRP reached $3.65 before facing rejection in 2025. Another rejection occurred around the $3 region as the price continued lower.
That decline lasted for an extended period, and it pulled XRP close to the lower boundary in 2026. That gives the current area greater importance within JD’s setup. The next major technical hurdle sits around $1.85 to $1.95. JD marks this zone with a green horizontal resistance area. A move above that region would represent a major change in the structure shown on the chart.
Breakout and Retest Could Follow
JD’s projection shows a potential breakout followed by a retest. His chart targets the area around $1.30 before retracing towards $0.70. From there, the projection shows XRP recovering toward the $1.90 region. This level aligns with the major resistance zone already marked on the chart.
A sustained move through the descending resistance line would give the falling wedge greater technical significance. A later move through the $1.85 and $1.95 resistance zone would provide another important confirmation point.
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JD Targets a Larger 2027-2028 Move
JD’s longer-term view extends well beyond the current structure. His chart labels the potential 2028 top, while his post states that he is still holding a “solid moonbag” for his 2027-2028 target. He also says he plans to use the same strategy from his earlier XRP call, which he says reached 12x after he called the $3.37 level.
The immediate focus for XRP is the falling wedge, the $1.01 area, and the resistance near $1.90. If it breaks the descending structure and later clears the major resistance zone, it could hit a new all-time high by 2028.
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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