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Analyst: One Final Push for XRP to Complete this Important Structure

37m ago
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  • ChartNerd says XRP may be gearing up for a final major surge, completing an Elliott Wave 5 pattern.
  • XRP is consolidating inside a large vertical accumulation zone, with Wave 4 corrective action nearly complete.
  • A breakout above the range’s upper boundary could trigger Wave 5.

A widely followed crypto analyst known as ChartNerd has released a new technical outlook suggesting that XRP may be preparing for one final major upward move, potentially completing a classic Elliott Wave five-wave structure. In a brief but pointed tweet, the analyst wrote:


“$XRP: One final major push up to complete the 5th wave structure whilst sitting on prior cycle highs from 2021, please, and thank you.” The tweet was accompanied by a detailed chart illustrating XRP’s current technical position and the projected bullish trajectory ahead.


According to the chart, XRP is retesting a significant horizontal level marked as the Current Vertical Accumulation Support, which closely aligns with the highs established during the 2021 cycle.  This suggests that the cryptocurrency is stabilizing on a historically important support region that could serve as a launchpad for the next major price expansion.


Approaching the Final Stage of the Elliott Wave Pattern

ChartNerd’s visual analysis outlines a clear Elliott Wave progression. The first wave depicts a breakout from a prolonged downtrend, transitioning into a structured accumulation period. The second wave reflects an extended consolidation phase throughout 2023 and 2024, maintaining stability while preparing for upward continuation.


Also Read: XRP Just Printed Similar Bullish Divergence as in 2022 – What it Means for Price



The third wave is characterized by a steep surge, described on the chart as a “Flag Pole”, followed by the formation of a vertical accumulation zone. Price action in this region oscillates between a well-defined support and resistance, consistent with typical consolidation behavior after a major impulse move.


The fourth wave appears to be unfolding within this vertical accumulation box. XRP’s recent pullback has landed near the lower boundary of the structure without breaking its overall trend, which aligns with normal Wave 4 corrective behavior.


The chart projects a strong upward trajectory for the anticipated fifth wave, with a breakout line stretching toward levels above $20. This signifies ChartNerd’s expectation of a significant macro-level rally should XRP break above the current consolidation range.


Accumulation Patterns Indicate Structural Strength

The chart highlights two major phases of accumulation: a lengthy horizontal range during 2023–2024 and the ongoing vertical accumulation box seen in 2025.


Together, these formations point toward a market steadily absorbing liquidity rather than weakening. In ChartNerd’s interpretation, these zones help establish a structurally sound foundation for an eventual upward continuation.


Outlook: Watching for a Breakout

The next decisive moment for XRP, according to the analysis, will come when the price challenges the upper boundary of the vertical accumulation zone. A confirmed breakout above that resistance would signal the start of the projected fifth wave and could set the stage for a substantial rally.


While markets remain uncertain, ChartNerd’s chart outlines a bullish roadmap and suggests XRP may be closer than ever to its long-awaited major move.


Also Read: Egrag Crypto Says XRP’s Next Move Won’t be Calm – See Key Targets


The post Analyst: One Final Push for XRP to Complete this Important Structure appeared first on 36Crypto.

37m ago
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