XRP has remained in a consolidation phase for nearly 190 days, mimicking a similar pattern from the 2017 bull cycle.
Technical signals such as tightening Bollinger Bands suggest a potential volatility surge in the coming weeks.
A final liquidity sweep into the $1.90–$2.00 range is still anticipated by some market analysts before any major breakout.
XRP has now been in a consolidation range for nearly 190 days, mirroring a similar setup from its 2017 cycle. Back then, the digital asset remained in a tight zone for about 210 days before surging into one of its most memorable rallies. Currently trading around $2.15, XRP has hovered between the $2.20 to $2.80 range, showing signs of price compression.
Analysts are drawing comparisons between the current setup and XRP’s historical performance. The weekly chart presents a structure similar to the pre-rally phase in the previous bull market. Bollinger Bands are tightening, which often precedes major volatility. Experts note that the token may be approaching the end of this consolidation phase within the next two to four weeks.
Liquidity Dip Still Expected by Some Traders
Despite signs pointing to a breakout, some traders remain cautious. XRP recently dipped close to $2.07 but did not test the lower support zone at $1.90. Market observers suggest a final liquidity sweep into the $1.90–$2.00 zone could still occur before any decisive upward move. https://x.com/Mr_Xoom/status/1930693226786443499
In shorter timeframes, XRP has experienced a sharp drop followed by a gradual recovery. However, the price has yet to reclaim earlier highs. The market remains on edge, with some positioning cautiously in anticipation of further moves. Technical indicators remain mixed, but the broader trend shows compressed volatility, often seen before major movements.
With the current consolidation phase now nearing 200 days, expectations for a breakout have intensified. Analysts tracking long-term patterns suggest a possible rally could emerge soon if XRP breaks above the established resistance range. Historically, such patterns have led to strong bullish momentum, although timing remains uncertain.
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