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BULLISH 📈 : XRP shows bullish divergence, momentum builds for potential breakout
After a period of stagnant price movement, XRP is drawing attention due to a significant change observed on the weekly chart by a well-known crypto trader. This technical signal has historically appeared near major turning points, sparking discussions about a potential return to XRP’s prior all-time highs.
XRP’s Multi-Year Range and Emerging Bullish Momentum
- XRP's market structure remains within a defined weekly price range since its 2018 peak, between low-$2 and low-$3.
- Since late 2024, XRP has oscillated within this range without a decisive breakout or breakdown.
- Recent momentum indicators show higher lows, indicating weakening selling pressure and suggesting that distribution is fading.
- This bullish divergence implies stronger market stability as short-term participants are replaced by longer-term holders.
- A sustained breakout above this range would confirm the potential for reaching previous peaks.
Macro Rotation and Altcoin Market Dynamics
- The broader market shows equities at record highs, metals losing momentum, and a declining US dollar—indicative of capital rotation.
- Despite underperformance relative to new narratives, altcoins like XRP trade above bear-market lows, presenting potential asymmetric gains if capital shifts from crowded trades.
- The bullish divergence in XRP does not guarantee an immediate rally but indicates groundwork for a larger move.
- A strong breakout above its multi-year range could strengthen the case for revisiting previous highs.
- The current setup suggests temporary frustration, with the market positioning for a potential delayed catch-up in the altcoin sector.

