Crypto analyst JD (@jaydee_757) has shared a technical analysis update on XRP, highlighting a critical resistance level turning into support.
Using historical price movements and technical indicators, JD outlined key levels that could determine XRP’s next major move. His post included a detailed chart marking crucial price levels, trendlines, and past market cycle behaviors.
#XRP – Textbook resistance turning Support!
Posting 5 diff charts on Patreon/Discord next week for better confluence, but 100 Retweets, I'll post $XRP/USD on X next week!
I called 0.28 bottom, $3.37 Local TOP, 50% crash at $1.90, IM CALLING MARKET CYCLE TOP NEXT USING ONLY TA!… pic.twitter.com/MiPiSHzgCU
— JD
(@jaydee_757) March 27, 2025
Key Resistance Turning to Support
JD emphasized that a major resistance level, previously acting as a ceiling for price movements, has now become support. This level is around $1.99, and JD believes a monthly close above it would indicate further bullish momentum in April.
He also pointed out that he previously called key market movements, including the bottom at $0.28, a local top at $3.37, and a 50% crash at $1.90. Based on his analysis, he is now prepared to call the next market cycle top using only technical analysis.
Market Direction Based on Key Levels
JD explained that if XRP closes above the $1.99 level, he expects a price target to be reached in April. However, he noted that a monthly close below this level would suggest a higher probability of retesting his dollar-cost averaging (DCA) level, which remains unfilled.
This level aligns with the top of the symmetrical triangle pattern he has been tracking. He mentioned that his DCA strategy is available on his Patreon and Discord channels.
For shorter timeframes, JD identified $1.80 as a crucial support level on the daily chart. If XRP closes below this level, the descending channel pattern could be negated. He reassured followers that he would provide further updates after the weekend’s market close.
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Sentiment and Market Psychology
JD commented on market behavior, emphasizing that only a small percentage of investors—what he refers to as the “5% (smart money)”—will capitalize on the upcoming move.
He suggested that most traders will suffer losses due to emotional decision-making, backing his perspective that the market operates in cycles where inexperienced traders often face losses while more strategic investors capitalize on price movements.
A user named DeGenarant asked JD about potential targets if a crash were to occur before a breakout. JD responded by reiterating that as long as XRP does not close below $1.99 on the monthly chart, his targets remain unchanged. He emphasized that price action below $1.80 on the daily chart would be a key factor to monitor.
JD’s focus remains on whether XRP can maintain strength above the $1.99 level. If it does, he expects further upward momentum in April. If not, he sees a potential decline to his DCA target before another major move occurs. He assured his followers that he would provide more insights based on upcoming price action, particularly after the next market close.
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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