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XRP’s Long Consolidation Ends as Market Structure Signals a New Era

XRP appears to be entering a decisive phase after spending several years locked in consolidation. Recent price action suggests that the asset has transitioned from prolonged accumulation into a new expansion cycle. As momentum builds and long-term resistance levels give way, market participants now reassess XRP’s broader trajectory with renewed interest.

Crypto commentator Amonyx drew attention to this shift on X by referencing a detailed technical analysis from veteran trader Gert van Lagen. The analysis focuses on XRP’s weekly chart and highlights a confirmed breakout from a seven-year double bottom formation, a structure that rarely appears and often precedes major trend reversals when validated by momentum.

Seven-Year Double Bottom Confirms Structural Shift

XRP’s weekly chart shows that the price has completed a double bottom pattern that began forming after the 2018 market peak. This structure reflects sustained accumulation rather than short-term speculation. The recent move above the neckline confirms that long-standing sell pressure has faded and that buyers now control market structure.

This breakout carries additional weight because it emerged after years of compression. Extended bases of this nature typically store significant energy, which can fuel powerful directional moves once the price escapes the range.

Momentum Signals Trend Continuation

Momentum indicators reinforce the breakout narrative. XRP’s higher-timeframe momentum has turned firmly positive, confirming that the move lacks the characteristics of a false breakout. Instead of stalling near resistance, the price continues to show acceptance above prior ceilings, a key requirement for trend continuation.

Amonyx emphasized that XRP’s behavior reflects confidence rather than hesitation. Once resistance collapsed, price expanded without seeking validation from lower levels, a hallmark of strong market conviction.

Historical Fractals Shape the $34 Projection.

Van Lagen’s analysis compares the current structure with XRP’s 2014–2017 cycle, when the asset completed a multi-year base before entering an explosive rally. By applying Fibonacci extensions that mirror the historical setup, the model projects a long-term price target near $34.

This projection does not rely on short-term momentum or speculative catalysts. Instead, it stems from proportional symmetry between XRP’s previous macro cycle and its current breakout, adjusted for the present market structure.

What This Means for XRP Going Forward

The completion of a seven-year base marks a significant transition for XRP. While short-term volatility remains likely, the higher-timeframe structure now favors continuation as long as price holds above former resistance zones. If momentum remains intact, XRP may be entering its most consequential growth phase in years.

As technical confirmation aligns with historical precedent, XRP’s breakout continues to attract attention from traders watching for the early stages of a new macro trend.

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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Zaccheaus Ogunjobi
Zaccheaus Ogunjobi
I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
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