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Expert Says Bottom Is In for XRP. Here’s What Is Next

Expert Says Bottom Is In for XRP. Here’s What Is Next

TimesTabloidTimesTabloid2026/06/27 06:09
By:TimesTabloid

Crypto analyst Bird (@Bird_XRPL) believes XRP may have already reached its cycle low. He argued in a recent post that the asset has completed a large technical structure that could set up its next major move.

The analyst shared a long-term chart showing XRP’s bottom while highlighting a wedge pattern that has developed over many months. He acknowledged that technical analysis cannot guarantee future price action but described the setup as unusually clean.

Prediction: The bottom for XRP is in.

One massive wedge.

Two trend lines connecting perfectly across the entire structure.

I know lines on a chart don’t guarantee anything… but this setup does look pretty clean to me.

If I’m right, we all win.

If I’m wrong, we buy more and…

— Bird (@Bird_XRPL) June 25, 2026

Multi-Year Wedge Reaches Key Decision Area

Bird’s chart covers XRP’s price action from late 2024 through mid-2026. It shows two major trend lines that have contained nearly every significant move during that period. The upper trend line connects a series of lower highs after XRP surged by more than 500% and peaked above $3, while the lower ascending trend line links several important support levels.

The two lines now converge near XRP’s current trading price around $1.08. Bird highlighted this area, suggesting the pattern is near its conclusion. Another green circle appears near the middle of 2025, marking an earlier interaction between price and the same descending resistance.

Following that interaction, the asset rose to a new all-time high of $3.65. The structure suggests XRP has completed a lengthy period of consolidation inside the wedge and now sits at a major technical decision point.

XRP’s Next Move

Bird included a projected path that shows XRP breaking above the descending resistance before climbing rapidly toward the $4 region. The chart itself does not specify when that move could occur. Instead, it presents a possible technical path if buyers push the price above the wedge’s upper boundary.

Support Continues To Hold Near Current Levels

The lower trend line has supported XRP during several pullbacks throughout the pattern. The asset has once again returned to that support area instead of breaking below it.

Repeated respect for the same trend line often increases its importance for traders who rely on technical analysis. At the same time, XRP now trades very close to the wedge’s apex, a location where volatility often increases as price exits a prolonged consolidation pattern.

Bird Remains Confident In the Setup

Bird finished his post with a simple message that reflects his outlook for XRP. “If I’m right, we all win. If I’m wrong, we buy more and win bigger.” His analysis centers on the wedge structure rather than short-term market events.

If XRP breaks above the descending resistance, the chart suggests the long consolidation phase could give way to a stronger advance, with the $4 area serving as the next major technical objective.

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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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