After months of compressed price action, XRP is back in the spotlight after a widely followed crypto trader on marked a significant shift on the weekly chart. The asset is now showing a technical signal that has historically appeared near major turning points, prompting debate over whether this setup can realistically support a move back into the future. XRP’s previous all-time highs.
XRP’s multi-year range continues as bullish momentum builds
The crypto trader notes that the current market structure of Since late 2024, the price of XRP has repeatedly compressed within this range both support testing and resistance without causing a decisive breakout or collapse.
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What sets the current setup apart from previous failures is the behavior of momentum. At the recent weekly lows, momentum indicators are starting to form higher lows even as price returns to known support levels. In practical terms, the downward movements lose force, which indicates that the selling pressure decreases. This bullish divergence indicates the distribution fadeswith sellers putting more effort into reducing negative outcomes. The chart shared by the trader reinforces this view, showing support for price maintenance while underlying momentum trends are higher.
From a structural perspective, this consolidation reflects absorption rather than weakness. Short-term participants are gradual replaced by holders with a longer termthereby improving market stability. While a bullish divergence in itself does not guarantee a return to record highs, it reopens the discussion in a technically credible manner. A sustained breakout above the upper end of this multi-year range would be the key confirmation. Until that happens, ATHs remain a conditional outcome, but the divergence indicates that the foundation for such a move could now be forming.
Macro rotation and the case for a delayed catch-up of Altcoins
The broader market context reinforces the importance of the trader’s weekly XRP analysis. Stocks continue to hit record highs, metals lose momentum and the US dollar falls – historically indicative conditions capital rotation. Yet many altcoins, including XRP, remain sidelined in terms of sentiment and are largely overlooked after underperforming compared to newer stories.
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According to the crypto trader, this disconnect is notable: altcoins are still trading well above bear market lows, but cautious positioning creates the potential for asymmetric gains as capital rotates out of busy trades. The bullish divergence on the weekly chart of XRP does not guarantee an immediate rally or automatic return to record highs. However, it indicates that a structural basis is being formed for a larger step.
If XRP can convincingly reclaim and break the upper limit of its multi-year range, the case for revisiting previous peaks becomes significantly stronger. This setup reflects temporary frustration, not failure. Momentum is building, and while patience is needed, the chart suggests the market is positioning itself correctly for a potential slowdown catching up in the altcoin sector.
Featured image created with Dall.E, chart from Tradingview.com