XRP’s recent price performance has reignited debate among traders watching the asset’s long-term chart patterns.
The token climbed to $3.37 before pulling back, and according to technical analyst JD (@jaydee_757), this movement was an anticipated outcome. He noted that profits were taken near that level after accumulation at $0.28, describing it as a strong 12x return.
The attached chart presents a long-term view of XRP’s price on the monthly timeframe, with key resistance and support trendlines drawn. It highlights a crucial support area that JD expects to hold once the monthly candle closes. His analysis emphasizes the importance of this trendline, warning that failure to maintain it could trigger a decline.
$XRP – Glad we, or "some" took 30% profits below $3.37 (green box) after buying at 0.28! EASY 12x!🫡
This will be the trendline to hold after month close!
I called 0.28 bottom, $3.37 local top, $1.60 crash.. I'm calling MARKET TOP next using TA!🎯
500 RTs for my next target!… pic.twitter.com/E49RB5EKc1
— JD 🇵🇭 (@jaydee_757) October 17, 2025
Tracking the Historical Pattern
JD’s post revisits a familiar narrative among XRP investors of steep corrections following major price rallies. His chart shows that a similar setup in 2018 led to a retracement of around 95%, erasing most of the prior gains. The image contains annotations referencing that decline and the long consolidation period that followed, suggesting that past holders endured an extended recovery phase lasting several years.
The chart further highlights a gradual uptrend that began after XRP’s prolonged consolidation. JD identifies the $0.28 level as a historical bottom and $3.37 as a recent local top, aligning with his earlier projections of the $1.6 correction that followed. He indicates that his next forecast will focus on identifying the market’s eventual top based on technical analysis.
Examining the Technical Setup
The central element of JD’s analysis is the white horizontal support line intersecting a long-term rising trendline. This structure, combined with the exponential moving average (EMA) line around $1.84, defines the region he views as essential for XRP’s continued upward structure.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
If XRP maintains a monthly close above this level, the trend could remain intact. A breakdown, however, would signal a structural shift that might resemble the historical retracement illustrated in the pink projection zone.
The chart annotations reinforce the significance of the upcoming monthly close. By referencing historical price movements, JD draws attention to XRP’s cyclical behavior, where deep corrections have historically followed rapid expansions.
Investor Sentiment Ahead of the Close
XRP traded around $2.27 at the time of his analysis, and the market faces a pivotal test. JD’s historical context and level mapping offer a technical framework that appeals to experienced traders monitoring long-term patterns.
While he does not explicitly predict immediate continuation or collapse, the analysis implies that the next monthly close could determine whether XRP sustains its multi-year uptrend or enters another prolonged corrective phase.
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
