Crypto analyst Xaif (@Xaif_Crypto) has been closely watching XRP. He flagged a potential short squeeze 10 hours before the move.
He confirmed the move in a new post, as XRP sharply broke out to the upside on the 15-minute chart, with the price spiking from around $1.49 to $1.5297 in a near-vertical candle.
The chart shows the McGinley Dynamic 14 indicator trailing below price action, signalling that momentum has outpaced the smoothed trend line. The breakout candle stands out against a prolonged period of consolidation and selling pressure visible on the left side of the chart.
Let's go! $XRP just ripped the bears apart. 🐻💥 https://t.co/NoY7ZHHSWL pic.twitter.com/ZmS21CSLXf
— Xaif Crypto (@Xaif_Crypto) October 2, 2026
The Short Squeeze Setup
XRP had been grinding between roughly $1.49 and $1.51 for an extended period before the spike. The consolidation included multiple red candles pushing price toward $1.4865. Investors expressed frustration with this move, as XRP kept falling despite major positive announcements. Then a single green candle erased that pressure.
The McGinley Dynamic, sitting near $1.5006 at the time of the screenshot, had not yet caught up to the price. That gap between the indicator and the current price suggests fast and aggressive movement. XRP closed the captured candle at $1.5297.
Hours before this move, Xaif had posted that “the biggest short squeeze in history could happen.” That post came roughly 10 hours before the breakout candle appeared on the chart. A short squeeze occurs when traders betting against an asset are forced to buy back their positions as the price rises. Those forced buys push the price higher still.
Community Reactions
Responses to the post were mixed. One commenter was skeptical, saying the squeeze would not materialize until XRP breaks $2. Another pointed out that Bitcoin was moving higher at the same time, suggesting XRP’s move was part of a broader market lift rather than an isolated catalyst.
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One commenter dismissed the move entirely, saying it was only a two-cent shift and that the chart was zoomed in to make the candle appear more significant than it was. In his words, “Not 1 bear was ripped apart in that sad attempt of a push.”
XRP’s Next Steps
XRP gained ground quickly on the 15-minute chart. Xaif called the squeeze setup first and celebrated the move afterward. A prominent analyst recently predicted a massive breakout, and the market will now decide whether $1.5297 becomes a launch point for that move or a short-term peak.
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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