Crypto Analyze

XRP Macro Setup: Why Analyst Expects This to Happen Before the Big Move

2025-12-29 23:35

XRP Macro Setup: Why Analyst Expects This to Happen Before the Big Move

Technical analyst ChartNerd has presented a fresh macro outlook for XRP, centering on the idea that the market is still progressing through a larger structural pattern rather than entering an immediate expansion phase. In his latest chart-based update, the analyst frames the current price action as part of a broader accumulation and consolidation process that must fully mature before a sustained advance can develop. According to ChartNerd’s assessment, XRP has already completed earlier accumulation phases and a prior mark-up leg, which lifted the price into a higher trading range. Since then, the asset has been moving sideways within what he labels a vertical accumulation zone. This range is defined by a clear ceiling of resistance and a floor of support, suggesting that price is compressing as the market digests previous gains. $XRP : Scenario 2 looks to be shaping up before heading into the macro wave 5 and euphoric targets....

https://timestabloid.com/xrp-macro-setup-why-analyst-expects-this-to-happen-before-the-big-move/