#SaylorBTCPurchase

This development can inject fresh liquidity and institutional interest into the market, helping to catalyze the previously projected technical breakouts.

XRP charts resemble a classic Wyckoff accumulation pattern.

The ongoing consolidation phase of XRP resembles a classic Wyckoff accumulation pattern, according to technical analyst Charting Guy.

The Wyckoff accumulation pattern is a mid-cycle structure that often precedes the next leg of a broader bullish trend. It suggests that smart money is absorbing the supply during the cooling phase, setting the stage for a potential breakout.

XRP established support and began to consolidate in late 2024, marking phases A and B of the Wyckoff accumulation pattern. In early April 2025, the price formed a "Spring" followed by a successful "Test," signaling seller exhaustion.