XRP has experienced a prolonged period of stagnation over the past few months, characterized by lower highs since July 2025. This frustrating phase of trading has compressed XRP’s price action into a notably tight range, leading many traders to speculate about the underlying dynamics. However, crypto analyst ChartNerd has released an analysis that suggests this apparent stagnation may actually represent the final preparation phase for a significant price movement.
According to ChartNerd’s technical examination, XRP has been entrenched in a rectangular reaccumulation zone for approximately 400 days. This pattern has led to the development of what resembles a rectangular bull flag on a macro timeframe. Notably, the chart identifies a strong impulsive move between July 2024 and December 2024, which acted as the flagpole during XRP’s peak around the $3.4 mark.
Post this impulsive move, XRP entered a lengthy sideways trading phase, revisiting a well-defined support level at approximately $1.8 and facing resistance around the $3.6 mark. This trading structure is often associated with the reaccumulation phase that occurs following a sharp price expansion. Each downturn into the reaccumulation support has been effectively absorbed, preventing any significant breakdown and allowing the broader pattern to remain intact. ChartNerd emphasized the importance of defending this support level, asserting that doing so could activate a forthcoming expansion phase.
Current projections indicate that bearish participants are increasingly feeling the pressure as this fractal structure remains resilient despite multiple attempts to challenge it. The longer XRP’s price remains contained within this rectangular formation without breaking down, the more likely it is that the eventual resolution will favor the bullish trend that preceded the consolidation. If the anticipated breakout occurs upwards, the trajectory outlined by ChartNerd suggests that XRP could soar into double-digit territory, with a long-term target projected near $23.
This price target is calculated based on the height of the flagpole extended from the peak of the reaccumulation range, which could translate into one of the most aggressive rallies XRP has seen in seven to eight years. As XRP currently trades around $1.92, achieving the $23 target would signify a staggering gain of over 1,000% from its present levels—a magnitude of price expansion that XRP has historically proven capable of achieving. The cryptocurrency market continues to closely monitor these developments, as traders await a potential breakout that could reshape XRP’s trajectory in the coming months.
