Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Four Chart Overlays Show XRP Historically Rallies from the Current Levels
Four chart overlays originating from XRP price movements in past cycles indicate that the price often rallies from levels such as the current one.
While XRP has been at the mercy of the bears, market data suggests a recovery effort may not be far off. For context, after a disastrous Q4 2025, XRP embarked on a rebound push that pushed prices to $2.41 by Jan. 6, 2026. However, the resistance at this point has since led to a pullback, with XRP struggling to hold above the $1.9 support.
Despite the downward trend, historical data from previous cycles indicate that whenever XRP surges, pulls back, and consolidates around levels like the current position, what typically follows is another upward push. The current cycle appears to be following the exact same trend, which has played out four times since 2015.
Key Points
XRP Declines After Initial Upsurge
For context, the ongoing phase follows an initial rally recorded by XRP a year ago. Specifically, XRP witnessed an impressive rally from $0.5 in November 2024 to $3.4 by January 2025, representing a 580% increase in three months. After the $3.4 peak, the price corrected and has since continued to consolidate.
Within this consolidation, XRP has seen occasional upswings above $3 and declines below $2, but it has largely maintained a position around the $2 price, currently trading for $1.95. Austin believes the consolidation, which has lasted for a year now, could be close to an end.
Four Chart Overlays Provide Historical Data
To prove his point, he called attention to historical data. According to him, XRP currently trades within a structure that looks similar to XRP’s price action in previous cycles. Specifically, the structure involves an initial upsurge, a pullback from this upsurge, a consolidation, and then a recovery push.
He identified four different occasions in which this structure played out. In the first chart, he identified how XRP first surged from $0.004 to $0.009 in December 2015, and then pulled back to $0.005. After a slight recovery, XRP consolidated around $0.006 from February 2016 to March 2017. From here, an explosive run ensued, pushing prices to $3.31 by January 2018.
Austin believes XRP now sits at the same position as it did in all four occasions before the final rally. This would put XRP in the same area it traded at in March 2017, April 2021, July 2023, and November 2024. If this proves true, the recovery push may not be far behind.