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What This Top Analyst Predicts If XRP Breaks Out of This Falling Wedge

What This Top Analyst Predicts If XRP Breaks Out of This Falling Wedge

TimesTabloidTimesTabloid2026/06/17 18:03
By:TimesTabloid

Crypto analyst JD (@jaydee_757) has outlined a scenario that could shape XRP’s next major move.

In a recent post, he highlighted a falling wedge pattern on XRP’s 3-day chart, suggesting that a breakout could trigger a significant sequence of price movements before the market attempts new record highs.

According to the analyst, XRP could first see a relief rally if the wedge breaks upside. However, he also believes another major move remains ahead before the next phase of the cycle begins.

$XRP – "IF" we break out of this FALLING WEDGE…

Possible relief rally before the final flush into the PINK BOX. Then comes the real opportunity…

Once 95% of "Dumb Money" fully capitulates and gets REKT 🤦‍♂️😂

That's when I expect NEW ALL-TIME HIGHS! 🚀🥂#XRP #Crypto… pic.twitter.com/jjIbwDiPx0

— JD 🇵🇭 (@jaydee_757) June 16, 2026

Falling Wedge Remains the Key Structure

JD’s chart shows a large falling wedge since XRP’s all-time high of $3.65, attained in July 2025. The descending resistance line continues to cap price action while a lower support trendline has guided the broader decline.

A falling wedge typically has bullish characteristics when the price eventually breaks above resistance. The chart shows XRP trading near the lower boundary of that formation after months of compression.

Bullish Divergence Supports the Recovery Case

Another feature on JD’s chart is a bullish divergence on the Relative Strength Index (RSI). While XRP formed lower lows, the RSI created higher lows. Traders often view this pattern as a sign that selling pressure is weakening even as the price remains under pressure.

The divergence appears across several months of trading activity where XRP declined. That adds weight to the possibility of a recovery move if it can break above wedge resistance. The RSI has also risen from relatively subdued levels, aligning with the analyst’s expectation for a potential relief rally.

A Relief Rally Targeting Major Resistance

JD’s projection shows XRP breaking above the wedge before advancing toward a key resistance zone around $1.85 to $1.90. That area served as an important support region earlier in the cycle. After XRP lost that level, it became a significant overhead resistance zone.

The chart’s blue arrows illustrate a rebound into this region following a breakout. Such a move would represent a notable recovery from current levels and could confirm renewed bullish momentum in the near term.

A Brief Decline Before Continuation

After the projected rally, JD expects XRP to revisit the area marked by the pink box on the chart. He described this move as a “final flush” before the next major advance.

The analyst stated that once 95% of “dumb money” investors give up and lose their money, the market will present their idea. According to the chart, the final target path extends well above XRP’s current trading range and above its historical peak.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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