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Last Time These Two Indicators Flashed, XRP 5x Within Weeks
By: times tabloid|2025/05/05 03:15:01
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JD (@jaydee_757), a popular market analyst on X, has shared a technical chart suggesting XRP may be on the verge of a significant upward move. His post revisits conditions similar to those that preceded XRP’s rapid 5x price increase in late 2024.According to JD, two critical indicators had aligned before that rally: a green flip in the MACD histogram and a Stochastic RSI (SRSI) cross above 80 on the 3-day chart. He now points to a similar setup developing again, potentially setting the stage for another substantial move.#XRP – Last time $XRP 5x within weeks when:1. MACD changed to green2. SRSI crossed above 80 (green line)Will the SRSI confirm the 80 cross on the 3-day?!(Patreon/Discord are updated weekly!)#XRPArmy #XRPCommunity pic.twitter.com/KFhbNknAxp— JD (@jaydee_757) May 3, 2025The chart shows XRP consolidating in a descending triangle following its sharp rise toward the end of 2024 after Donald Trump’s election victory and former SEC Chair Gary Gensler’s resignation announcement.That rally began when the MACD histogram turned green and the SRSI crossed the 80 level. JD’s chart highlights that both conditions were present before XRP surged from around $0.6 in November to $3.39 in January.We are on twitter, follow us to connect with us :- @TimesTabloid1— TimesTabloid (@TimesTabloid1) July 15, 2023Indicators Begin to Align AgainThe MACD histogram has just flipped back to green, and JD has drawn attention to the SRSI approaching a critical juncture. He notes the SRSI’s proximity to crossing above the key 80 level on the 3-day timeframe. If confirmed, it would mirror the conditions that previously led to explosive price action.JD’s chart illustrates how XRP has been consolidating within a falling wedge pattern since early 2025, with gradually declining highs and higher lows converging toward a breakout point. The most recent candles suggest price action is nearing the wedge’s apex, and the chart also shows that XRP has broken above the upper trendline of this pattern. If it can sustain its price above this crucial level, JD expects a massive breakout for the digital asset.Price Targets and XRP’s FutureWhen the chart was shared, XRP was trading around $2.2. The lower boundary of the wedge has acted as consistent support, while resistance has been gradually declining, forming a compressive price structure. The chart’s breakout projection points toward a significant move, with a large arrow implying potential continuation beyond the previous all-time high of $3.84.Applying the same 5x increase to the asset’s price means it could climb as high as $11. The focus is whether the SRSI can print a successful cross above the 80 level. While the MACD histogram has already turned green, JD implies the SRSI confirmation could be the final piece needed to validate a bullish breakout. Traders monitoring XRP’s 3-day chart may look to this signal for confirmation.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 urged to do in-depth 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 NewsThe post Last Time These Two Indicators Flashed, XRP 5x Within Weeks appeared first on Times Tabloid.
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