Ten months of sideways price action can feel either like a gift or a trap, and the difference lies in context—price structure, trading volume, and shifting fundamentals. That debate has been reignited by a striking long-term chart shared on X by market analyst EGRAG CRYPTO, prompting traders to question whether XRP’s extended calm signals true accumulation or a quiet distribution disguised as consolidation. Technical Outlook EGRAG’s chart places XRP within a steep, long-term ascending channel and highlights a rectangular consolidation sitting just beneath a major multi-year resistance level. Technically, a “bullish rectangle” is a continuation pattern: sustained compression between well-defined support and resistance that, when paired with a decisive breakout and strong volume, often signals the resumption of an upward trend. #XRP – #Bearish or #Bullish ? Honestly, I can’t wrap my head around how anyone can look at the chart below, especially after 10 months of accumulation and still claim to be bearish on #XRP . If anyone will try to argue that this is a distribution phase in Wyckoff, I will… pic.twitter.com/59G1km6jvd — EGRAG CRYPTO (@egragcrypto) September 20, 2025 Multiple trading platforms confirm XRP remains locked inside this structure on both monthly and weekly timeframes, lending weight to the pattern’s significance. Critics suggesting a Wyckoff-style distribution phase face a difficult case. True distribution typically requires tell-tale signs of broad selling pressure—high-volume climactic moves and rapid breakdowns. On-chain and exchange-flow data suggest a declining liquid supply and steady outflows to cold storage, indicating accumulation rather than distribution. This divergence explains why many technical analysts, including EGRAG, view the market action as accumulation rather than distribution. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Fundamental Drivers Beyond the charts, the fundamentals have shifted decisively. Ripple’s ecosystem has grown stronger through key partnerships and innovative products, such as the RLUSD launch and its recent collaboration with DBS Bank and Franklin Templeton, which aims to advance tokenized money-market activities on the XRP Ledger. These developments expand real-world utility and deepen institutional interest in XRP. Regulatory clarity adds another critical layer. The long-running SEC lawsuit that hung over XRP for years has now concluded. That resolution removes a significant legal overhang, allowing larger institutional flows that were previously cautious. Bottom Line The overall evidence suggests a bullish outlook. A well-defined long-term channel, a textbook continuation pattern, shrinking exchange supply, and strengthening institutional utility all support the case for an eventual breakout. Still, confirmation is essential: traders will want to see a decisive move above the multi-year resistance, backed by robust trading volume, before committing fully. EGRAG CRYPTO’s analysis captures this moment clearly—a market that looks far more like a coiled spring than a fading rally. For now, XRP’s next decisive move will confirm whether this lengthy pause has indeed been an accumulation worthy of the bullish expectations surrounding it. 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. Follow us on Twitter , Facebook , Telegram , and Google News The post Expert Predicts XRP Breakout After This Phase appeared first on Times Tabloid .
