In a recent tweet accompanied by a long-term XRP price chart, crypto enthusiast XRP Queen outlined a technical setup she believes is widely overlooked by market participants. The post focuses on XRP’s prolonged period of consolidation, with price trading between approximately $1.50 and $3.00.
According to XRP Queen, this extended range has led to market fatigue, reduced attention, and declining interest among traders. She argues that this environment of boredom and distraction is precisely when significant price movements in XRP tend to occur.
The chart attached to the tweet illustrates multiple historical phases in which XRP traded sideways for hundreds of days before entering sharp upward moves.
These consolidation zones are visually marked on the chart and labeled with durations ranging from roughly 200 days to more than 1,000 days. Each of these periods is followed by a steep price advance, which XRP Queen highlights as a recurring pattern rather than an isolated event.
XRP Queen emphasizes that the current structure closely resembles previous accumulation phases shown on the chart. The image presents XRP’s price action over several years, highlighting extended sideways ranges followed by rapid vertical advances.
Fibonacci extension levels are displayed on the right side of the chart, suggesting potential upside targets once price exits the current range. The analysis implies that these past breakouts occurred with limited retracements, leaving little opportunity for late entries.
Within this context, the $2.72 price level is identified as a key area. XRP Queen states that if this level holds, it would strengthen the case for a continuation toward higher price targets. The chart visually supports this view by showing price consolidating just below a previous breakout zone, similar to earlier cycles depicted in the image.
In the tweet, XRP Queen states that a confirmed move out of the $1.50–$3.00 range could lead to a rapid price expansion. She points to a potential upside zone between $9 and $15, describing this move as occurring quickly if momentum builds. The analysis suggests that such moves historically happened without deep pullbacks, reducing opportunities for traders who wait for confirmation after the breakout.
The tweet also contrasts accumulation during periods of low interest with chasing price after a breakout has already occurred. XRP Queen’s commentary indicates that current conditions favor positioning during consolidation rather than reacting later, while also noting that her view does not constitute financial advice.
Overall, the tweet presents a technical interpretation centered on historical price behavior, long-duration consolidation, and breakout dynamics. By referencing prior XRP market cycles and highlighting specific price levels, XRP Queen frames the current range as a critical phase that could precede a significant directional move if key support holds.
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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