XRP Chart Is Showing a Monster Move Up for the Coming Weeks

Crypto analyst Maxi has issued a strong outlook on XRP, stating that the current chart structure indicates a significant upward move in the coming weeks.

Maxi asserted that XRP is positioned at the bottom of the Bollinger Bands on the three-day timeframe, a technical condition he says closely resembles the setup that preceded the asset’s historic rally in 2017.

According to Maxi, this positioning is not random. He emphasized that the last time XRP traded at the lower boundary of the Bollinger Bands under similar structural conditions, it marked the beginning of a powerful upward expansion. By referencing the 2017 cycle, he suggested that the market may be approaching a comparable phase of acceleration.

The chart attached to his statement displays XRP/USD on the three-day timeframe, highlighting two distinct periods. The first corresponds to the 2017 cycle, where price action compressed near the lower band before initiating a sharp upward move.

The second highlights the current market structure, where XRP is again interacting with the lower Bollinger Band after a prolonged consolidation.

Three-Day Timeframe Strengthens the Signal

Maxi’s analysis focuses specifically on the three-day chart, which he appears to consider significant for identifying large structural shifts rather than short-term volatility. The Bollinger Bands on this timeframe show XRP pressing against the lower boundary, a condition that often reflects reduced volatility and potential for expansion.

In the historical example marked on the chart, XRP’s move from the lower band was followed by a rapid and sustained rally. The visual comparison included in Maxi’s post highlights the similarity between the two setups, with both periods showing compression at the lower band followed by a projected expansion phase.

The analyst described the anticipated move as substantial, stating that the chart is “showing a monster move up for the coming weeks.” His projection suggests that the current positioning may represent the early stage of a broader bullish phase rather than a temporary rebound.

Historical Context and Forward Outlook

The 2017 rally remains one of the most notable periods in XRP’s trading history, during which the asset experienced exponential price appreciation over a relatively short timeframe. By drawing parallels to that cycle, Maxi describes the present setup as potentially transformative if historical patterns repeat.

However, his statement is centered strictly on technical structure, specifically the interaction with the Bollinger Bands. The emphasis remains on price positioning at the lower band as a precursor to volatility expansion.

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 advised to conduct thorough 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.

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