Analyst Spots Further XRP Bullish Signal

A new analysis from prominent crypto analysts ChartNerd (@ChartNerdTA) and The Great Mattsby (@matthughes13) is bringing renewed attention to XRP's long-term technical outlook. The analysis centers on a three-month Ichimoku Cloud setup, a widely recognized indicator for assessing market momentum and trend direction.

XRP's Emerging Bullish Indicator

The significance of this chart, according to The Great Mattsby, lies in a structural shift XRP is exhibiting that is unprecedented in its price history. Mattsby stated that "The 3-month Ichimoku Cloud demonstrates how powerful $XRP’s bull trend actually is." He elaborated that XRP "has never built a base above the 3-month conversion or baseline in its history, and it’s doing it now for the past year." This development, clearly visible in the accompanying chart, marks a crucial juncture for the cryptocurrency.

Within the Ichimoku Cloud model, the conversion and baseline lines frequently function as dynamic support and resistance levels. A sustained price action above these lines is typically interpreted as a confirmation of bullish strength.

The current chart indicates that XRP has maintained its position above both these lines for four consecutive quarters. This is a historical anomaly for the token, which in previous market cycles had difficulty establishing stability above these mid-term indicators. This change suggests that XRP may be transitioning from periods of reactive rallies to a more clearly defined structural uptrend.

Implications of the Indicator for XRP's Momentum

The Ichimoku Cloud model is designed to illustrate market equilibrium. When prices consistently remain above the conversion and baseline lines over an extended period, it generally signifies buyer dominance and suggests that any pullbacks are being effectively absorbed by the market.

For XRP, holding this position across multiple quarterly candles suggests the potential formation of a new long-term base. This configuration implies that XRP could be in the initial stages of a sustained expansion phase.

The use of a three-month timeframe lends significant weight to this analysis, as longer intervals are effective in filtering out short-term volatility and highlighting genuine directional strength. If XRP continues to hold its ground above the baseline, traders might anticipate the next significant resistance test occurring near previous resistance zones around the $3 mark.

Looking Ahead

This technical setup also provides insights into XRP's potential resilience against broader market downturns. If the price remains supported above these key Ichimoku levels, it could establish a technical foundation for further upward movement.

While short-term price corrections remain a possibility, maintaining structural integrity above these support regions typically attracts increased institutional and long-term investor interest. With XRP currently trading around $2.46, analysts are closely observing whether the asset can sustain this structural base in the coming months.