Top Trader: “Guys Why Is Nobody Talking About What XRP Just Did”

XRP may be setting up for another explosive move if a chart pattern from 2024 plays out again. Crypto trader Coinvo Trading (@CoinvoTrading) shared a side-by-side comparison showing XRP forming what appears to be the same triangular structure that preceded last year’s massive rally.

The chart compares XRP’s 2024 breakout with current 2026 price action. Both setups show a descending resistance trendline, repeated tests of support, and a brief “fakeout” before a sharp move higher. XRP surged by almost 600% in 2024, and Coinvo Trading believes that the asset is repeating that pattern with the same fakeout.

XRP Mirrors a Familiar Structure

The chart highlights striking similarities between the two periods. In the 2024 setup, XRP traded within a tightening triangle for months. Its price briefly pushed above resistance during the fakeout phase before pulling back into the pattern. That move flushed out traders before XRP launched into a vertical breakout.

The rally that followed sent XRP up significantly from the breakout zone. The move started near the $0.5 region and accelerated rapidly above $3.3 as momentum entered the market.

XRP has remained one of the market’s most closely watched assets during this cycle. The current chart shows the asset building a nearly identical structure.

The asset’s price continues to respect a descending resistance line while holding a major horizontal support area around $1.30. XRP also printed another fakeout above resistance before retracing back toward support. Coinvo Trading said, “If history repeats, XRP will go sky-high at any moment.”

What the Current Setup Suggests

At the time shown on the chart, XRP traded around $1.3365. Applying the same 600% expansion from the 2024 breakout would put XRP near $9.356 if the pattern repeats.

The structure itself also supports the bullish case. XRP continues to print higher lows despite repeated rejections near descending resistance. Buyers repeatedly defend the same support region, keeping compression intact inside the pattern.

The fakeout section may also hold significance. In both examples, XRP briefly moved against breakout expectations before reversing sharply.

The fakeout in 2026 came just after the CLARITY Act markup on May 14 that saw the bill pass the Senate Banking Committee. This rally pushed XRP to $1.52, and with regulatory momentum behind it, the next move could be more explosive than 2024.

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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