TimesTabloid
2025-11-20 08:23:08

Analyst to XRP Holders: This Bullish Signal Shows Price will move up soon

XRP trades inside a narrowing weekly structure that has shaped its market behavior for months. The pattern compresses further each week, creating growing interest in its eventual resolution. CryptoBull (@CryptoBull2020) highlighted this setup in a recent post. He wrote that the weekly chart is bullish and said XRP “will move up soon.” His post came with a chart that places XRP near the lower edge of a falling wedge that began forming in July. Weekly #XRP chart is bullish. We will move up soon. pic.twitter.com/Q9CCvkKWCX — CryptoBull (@CryptoBull2020) November 17, 2025 Technical Structure on the Weekly Chart XRP’s current wedge began after a strong rally in early July. XRP hit an all-time high that month. However, it failed to continue its upward move. Sellers controlled each attempt to push higher and created a sequence of lower highs. Buyers held key levels to prevent significant losses. Those opposing moves formed a clear wedge that has narrowed through the second half of the year. XRP now sits near the support line around $2. That line has several pullbacks, including the large October decline that recovered almost immediately. Each defense of that level shows consistent buying interest even during abrupt volatility. The upper trend line sits near the mid $2 region and remains firm. XRP has not closed above it since August. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Each weekly candle has moved deeper into the narrowing range. With only a small section of the wedge left before the lines meet, traders expect a break soon. These patterns usually resolve once the price runs out of room to consolidate, which places added weight on the next strong weekly move. CryptoBull’s Expectations for XRP CryptoBull did not offer projections or extended commentary. He pointed at the weekly structure and highlighted the bullish setup. His view matches the attention many traders give to this falling wedge pattern. XRP’s stability keeps the wedge at the center of its technical outlook. The asset has not delivered a meaningful trend in either direction. The asset recently broke out of a similar pattern against ETH . Repeating this move on the XRP/USD chart could be a game-changer. The recent lack of movement strengthens interest in the point where the pattern completes. The current setup leaves little space for further consolidation. A close above the upper boundary would mark a shift in momentum. A move below support would challenge the entire structure that has guided the digital asset’s price since July. 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 advised to conduct thorough 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 X , Facebook , Telegram , and Google News The post Analyst to XRP Holders: This Bullish Signal Shows Price will move up soon appeared first on Times Tabloid .

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