XRP has spent weeks moving sideways, compressing within a narrowing price range that often precedes major market moves. Periods like this tend to frustrate traders, yet they frequently serve as the foundation for strong trend reversals. As volatility begins to expand again, XRP’s higher-timeframe structure is drawing renewed attention from technical analysts.
That focus intensified after crypto analyst CRYPTOWZRD shared a detailed chart analysis highlighting a familiar breakout pattern on XRP’s weekly chart. His observations point to a technical structure that has historically preceded powerful upside moves for the asset.
XRP Breaks Out of a Falling Wedge Pattern
CRYPTOWZRD identifies XRP’s recent move as a confirmed breakout from a falling wedge, a well-known bullish reversal formation. This pattern forms when price makes lower highs and lower lows within a tightening range, signaling weakening selling pressure. Once price breaks above the wedge’s upper boundary, momentum often shifts decisively in favor of buyers.
On the weekly timeframe, this pattern carries added weight. XRP remained inside the wedge for months, making the breakout more structurally significant than short-term chart moves.
⚠️ CAN IT REPEAT? 🍿
Stop what you’re doing and look 👀
🔮 $XRP is breaking out of a Falling Wedge after trading sideways for month, we’ve seen this before and it absolutely exploded 🤯🚀
Is this time different? pic.twitter.com/BYKnxou3CE
— CRYPTOWZRD (@cryptoWZRD_) January 4, 2026
Historical Context Strengthens the Setup
The analyst draws comparisons to previous XRP cycles where similar consolidation structures preceded strong rallies. In 2017, XRP traded sideways for an extended period before breaking out and entering a rapid expansion phase. A more recent example occurred in 2024, when XRP surged from below $1 to above $2 after resolving a comparable compression pattern.
These historical parallels suggest XRP tends to store momentum during prolonged consolidation before releasing it in sharp upward moves.
Key Levels and Upside Targets
From a technical perspective, the falling wedge breakout opens a clear path toward higher resistance zones. CRYPTOWZRD highlights $3.60 as a key target if buying pressure and volume remain consistent. Sustained volume is critical, as it confirms that the breakout reflects genuine demand rather than a short-lived price spike.
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XRP currently trades above $2.12, a level that now acts as an important support area. Holding this zone strengthens the bullish structure and reduces downside risk.
Supply Trends Add Market Support
Beyond chart patterns, supply dynamics reinforce the technical outlook. Data shows XRP balances on centralized exchanges continue to decline, reducing the amount of readily available supply for selling. When supply tightens during periods of rising demand, price moves often become more pronounced.
While shrinking exchange supply does not guarantee price appreciation, it often amplifies the impact of confirmed technical breakouts.
Can XRP Repeat History?
The current setup does not promise a repeat of past rallies, but it closely mirrors conditions that previously led to strong expansion. As CRYPTOWZRD notes, sustained volume and broader market stability will ultimately determine follow-through.
Still, XRP’s breakout from a long-standing falling wedge places it back into a technical position where history suggests momentum can accelerate quickly.
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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