Crypto analyst Crypto Michael (@MichaelXBT) is telling his followers it is time to pay attention to XRP again. He is referencing his July 1 call, reminding his audience that he accumulated XRP at around $1 and predicted the rally that followed.
Now, with XRP consolidating for over two months since that move, he believes another breakout is coming. “The next major break-out is due very soon,” he wrote.
The Original Call
On July 1, Crypto Michael posted a weekly XRP chart showing XRP compressed inside a long falling wedge, grinding down from its $3.65 all-time high set in July 2025. The asset’s price was sitting at around $1. He wrote at the time: “I’ve been accumulating XRP here. You’re about to see why.”
The call proved correct. XRP surged from around $1 to approximately $1.70 in August, a gain of roughly 70%. The move broke XRP out of the falling wedge that had contained its price for over a year. XRP then spent the following two months consolidating, trading between approximately $1.25 and $1.50 through September and October.
It’s time to pay attention to XRP again.
XRP has been consolidating for over 2 months since the initial 70% rally I called at the $1 bottom.
The next major break-out is due very soon… https://t.co/wqncrw1c1b
— Crypto Michael (@MichaelXBT) October 27, 2026
Two Months of Consolidation
Crypto Michael addressed this consolidation period directly. “XRP has been consolidating for over 2 months since the initial 70% rally I called at the $1 bottom,” he wrote. The asset has held above the breakout level while compressing into a tighter range, which analysts typically read as a sign of strength ahead of another move.
Crypto Michael believes the consolidation is nearing its end. The $1.70 level remains the key resistance XRP needs to clear to open the path toward higher targets, including the $2 region that acted as resistance during XRP’s 2025 decline.
What to Expect from XRP
XRP trades at $1.32 today, still approximately 64% below its all-time high. The token has held above the $1.25 support level that has been tested twice in October without breaking. The analyst now has over two months of consolidation price action supporting his thesis.
The $1.70 resistance level is the line between the current range and a larger move. Crypto Michael made a call at a low that most dismissed. The 70% rally that followed gave him credibility. Now he is calling for a second upward move, and the market will deliver its verdict soon.
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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