XRP Bulls Get Out Of Jail Free Card. Here’s What It Means

XRP has shown a distinct price pattern that could shape its trajectory in the coming months. Recent analysis from ChartNerd (@ChartNerdTA) highlights similarities between XRP’s current structure and its historical moves. The chart draws attention to July 2016 and June 2025, where similar formations precede notable bullish moves. XRP: Historical Precedent In 2016, XRP experienced a consolidation phase. During that period, the price formed a tight range before a break toward higher levels. The chart suggests a double top formation followed by a wick drop before XRP’s price explosion. The chart highlights a rectangle showing the consolidation and two red Xs marking the peaks of the double top. These represent failed attempts to break above the resistance. Below the price chart, the Stochastic RSI (SRSI) reached a reset point. ChartNerd identifies this as an SRSI reset, signaling a potential upward movement. $XRP : The Bulls Get Out Of Jail Free...

https://timestabloid.com/xrp-bulls-get-out-of-jail-free-card-heres-what-it-means/