TimesTabloid
2026-01-24 13:31:09

No XRP Price Discovery for 2,922 Days. Here’s What It Means

XRP has been trading without breaking into new price discovery for 2,922 days, according to the latest chart shared by crypto analyst Bird (@Bird_XRPL). On the monthly chart, XRP remains below the levels it reached during previous major rallies. The asset has shown periods of high volatility in the past, but for nearly 8 years, it has largely stayed within established price zones. This extended period of consolidation indicates a market that is holding its structure. Bird previously noted that the asset has been trading sideways for 416 days , suggesting a prolonged accumulation phase. These long consolidation periods often precede significant price moves, as market participants adjust positions in anticipation of a breakout. XRP hasn’t broken into price discovery for 2,922 days… and counting https://t.co/8Le7sBZeSs pic.twitter.com/Avfe1Ie67e — Bird (@Bird_XRPL) January 23, 2026 Current Market Levels At the time of his analysis, XRP traded near $1.90. The chart shows the asset is well below its peak of $3.65 that it reached in July 2025. Monthly candles show repeated testing of support levels near $0.50 after the breakout in 2017. The digital asset experienced another breakout in 2024, but did not climb significantly higher than previous peaks. Volume patterns also provide insight. For over 2,922 days without price discovery, XRP has accumulated significant trading volume, totaling over $176 billion. This level of activity demonstrates consistent market interest and the potential for strong momentum once a breakout occurs . Technical Perspective Technically, the chart reveals compression in price action. XRP has maintained a clear range for years, moving between established highs and lows. The prolonged sideways movement often reduces short-term volatility while building pressure for larger directional moves. Bird’s post emphasizes the importance of the extended trading period. Extended ranges like this can lead to concentrated buying pressure as the asset approaches resistance levels. This setup frequently precedes periods of rapid gains once market conditions align. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Potential Market Behavior Given the consolidation duration, XRP is positioned for an explosive phase if it breaks above prior highs. Historical cycles suggest that periods of extended accumulation can produce above-average gains when the price discovery finally sets in. Market participants may anticipate a renewed uptrend as the asset tests previous resistance levels. Investors monitoring XRP should note the significance of nearly 8 years of combined trading and consolidation activity. Breakouts after such extended ranges often occur rapidly, with increased volatility and trading volume. This suggests that XRP may see another phase of price discovery once it surpasses the previous highs. 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 No XRP Price Discovery for 2,922 Days. Here’s What It Means appeared first on Times Tabloid .

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