XRP analyst forecasts massive bullish move after breakout, warns of key RSI signal

JD, a well-known cryptocurrency analyst recognized for his technical studies of major altcoins, has released a fresh analysis on XRP’s long-term price structure. His recent assessment points to a potential market shift as XRP completes a significant breakout after a prolonged period of downward movement. XRP has been trading in a persistent downtrend since reaching its all-time high of $3.65 in July 2025, characterized by repeated lower highs and lower lows on the weekly chart. Each recovery attempt during this period failed to surpass previous peaks, reinforcing the prevailing bearish pattern. According to JD’s chart analysis, XRP eventually broke out of this protracted pattern, exiting its falling wedge formation. Following a brief decline beneath the $1 mark, the coin staged a sharp rally in August, producing a higher high.

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