⚖️ XRP’s Breakout Depends on the Right Shoulder — How Deep Is the Pullback?
He said in the program that “dense liquidity is below us,” referring to resting bids and stop-loss clusters between $1.92 and $1.80. “I still think it comes down to make the right shoulder which is around 1.88,” he added, adding that a quick wash-out would “flush the lows, tap in there and send it.”
XRP is trading at $2.24, up 3% in 24 hours, implying a 20% drop if the market follows his worst scenario. A pullback is less concerning to the analyst than a condition for the next big leap higher: “If we come down first, we've done the downside part. I'll worry about falling even if we reach $2.42 or higher."
He related short-term bearishness to structural issues beyond the XRP Ledger ecosystem. Bitcoin supremacy is approaching a historical inflection point that often precedes alt-seasons: "Anywhere in this box could be the start of alt-season..." That would likely correlate with Bitcoin falling to $100,000–93,000. He said a dominance rise caused by a late-cycle Bitcoin slump will cause significant altcoins like XRP to lose large percentages before liquidity returns.
Could XRP Explode High?
An analyst originally posted the pattern on X, indicating a left shoulder around $2.42, a head at $1.47, and a neckline over $2.50. According to conventional pattern-measuring standards, a symmetrical right shoulder at $1.88 would predict an upside goal over $3.50, last seen in late-2021.
He advised long-term holders to avoid wholesale portfolio moves and use any sub-$2.00 wick as a last accumulating opportunity. He remarked, “Dollar-cost averaging from here is a good thing to do,” with 97% of his money in spot positions and a single-digit proportion for surgical bids in the $1.80–$1.92 zone.
The days ahead will show whether XRP follows that script. If the market breaks into the high $1.80s and recovers aggressively as expected, the right shoulder will be complete and the runway clear for the long-awaited takeoff.
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