Following a prolonged period of selling pressure, XRP has arrived at a crucial technical juncture, leading one analyst to forecast that a substantial upward move could be on the horizon.
Market watcher JD (@jaydee_757) has closely monitored the weekly structure of the digital asset, noting that recent price movements are beginning to reflect his bullish outlook.
A Long Downtrend and a Key Level
After reaching its all-time high of $3.65 in July 2025, XRP established a classic weekly downtrend. The price action was defined by a pattern of lower highs and lower lows, which eventually compressed into a falling wedge.
Market momentum shifted in August when a rapid breakout carried XRP past the falling wedge boundary. Currently trading around $1.31 and consolidating within a descending broadening wedge pattern, this designated grey box area is viewed by JD as a potential launchpad for the next upward leg.
#XRP – IS A MASSIVE REVERSAL COMING?!
We HIT my GREY BOX DCA TARGET posted on PATREON!
Personally, I DIDN’T BUY MORE! I already LOADED UP HEAVILY at $1.01 and will ONLY buy again at EXTREME FEAR! Now watching for a CONFIRMED HL
NEXT TARGET: BLUE LINE!
pic.twitter.com/h2DTr51NJ7
— JD
(@jaydee_757) November 4, 2026
The Structure Is Shifting
The chart narrative continues to develop. Following the August breakout, the price printed a higher high, which JD marked as “HH!!!” on his weekly chart, serving as the initial indicator of a structural change. Attention is now focused on whether XRP can form a higher low inside the ongoing consolidation zone.
JD is actively monitoring for this development. A confirmed higher low would satisfy the early criteria for a bearish-to-bullish trend reversal, transitioning the weekly chart structure away from lower highs and lower lows toward a pattern of higher highs and higher lows.
The Blue Box Target
Attention is also directed toward a blue horizontal zone situated close to $2. Having functioned as both resistance and support across various timeframes, this area represents a prominent technical region, with a breakout above it expected to trigger the next phase of the upward trend.
Despite reaching the grey box target, JD is holding off on making new purchases. Having accumulated a significant position at $1.01, he intends to buy more only if extreme market fear emerges, preferring to wait for confirmation while his current position remains intact.
A 2028 Cycle Top in View
The broader perspective on JD’s chart extends well beyond immediate price levels. By pointing to a projected cycle top around 2028, he interprets current consolidation as part of an extended multi-year accumulation and expansion phase rather than a short-term trade.
XRP remains at a crucial decision point, with the monthly chart containing the higher price targets where he plans to take profits, details of which he has shared with his Patreon followers.
Frequently Asked Questions
What price did XRP reach in July 2025?
XRP reached an all-time high of $3.65 in July 2025.
What pattern is XRP currently consolidating inside?
After breaking out of a falling wedge, XRP is consolidating inside a descending broadening wedge pattern.
Where does analyst JD plan to take profits?
JD has marked higher price projections on the monthly chart and shared those specific levels with his Patreon followers.
When does JD project the market cycle top to occur?
JD’s chart highlights a projected cycle top around 2028.
Written by
Elara Winter
