Ripple’s XRP has gone sideways for a long time. Now the price is stuck. In the last day, the XRP price slipped about 2.3% to around $2.20, while volume fell more than 20% to about $6.1 billion.
Rather than signaling weakness, the slowdown points to compression, a phase that often appears before larger moves.
According to analyst Steph Is Crypto, XRP present structure closely resembles setups that appeared before major moves in previous cycles.
Looking back at 2017 and again in 2024, the XRP price followed a similar path. Price spent months consolidating before forming a downward-sloping wedge. During those periods, volatility faded and momentum slowed, creating the impression that interest had dried up.
In both cases, the turning point came when XRP broke out of that structure. Once the wedge resolved, selling pressure eased and momentum flipped, leading to some of XRP’s strongest rallies. The key similarity today is not the price level, but the structure itself.
What the XRP Chart Is Showing
The chart implies that the XRP price has already broken out of a falling wedge pattern following a long period of market consolidation.
The price action following this move has not been as aggressive, though it remains within the range above the previous level of resistance, which has become a support level.
This normally signals that sellers are losing control even if buyers have not yet driven the price upward. It reflects balance rather than exhaustion.
However, this matters because when markets compress for long periods, they tend to build energy. The longer the range, the more meaningful the eventual move.
The XRP price now sits in a region where the market trend becomes more obvious, either in terms of sustained momentum or another pull-back into a consolidation phase.
While historical similarities provide context, they do not necessarily lead to the same result. What matters now is confirmation.
Buying, forming higher lows, and increased volume can assist a bullish follow-through. If it does not stay above the break-out region, range trading would be focus-ed again.
What Comes Next for XRP?
XRP is not breaking out aggressively, nor is it breaking down. That is exactly why this phase is important. The market is deciding whether the recent breakout has staying power.
If momentum builds, the XRP price could move into a more directional phase. If it fades, price may continue to compress before a clearer trend develops.
Either way, XRP is no longer drifting. It is approaching a point where the next move becomes harder to ignore.
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