XRP at a Tizzy: Gogol-Style Forecast from a Banking Desk

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In the smoky backroom of the market, where the ticker-tape purls like a city rope-breaker and every decimal trembles with solemn gravity, XRP ambles upward as though it were a provincial clerk suddenly entrusted with an armful of windfalls. An analyst, puffing with the self-importance of a professor of coin lore, proclaims that the altcoin is “doing what it needs to do” to keep the bullish caravan marching. And the structures, those respectable old dozents of timeframes, stand like bent-back professors in a courtroom of numbers, nodding sagely at every wobble.

XRP Enters Inflection Point

After retesting the $1.90 threshold-like a shopper who forgot his wallet on the doormat-XRP delivered a brisk 4.6% intraday bounce toward the mid-zone of its local precinct. For five days now, the currency has hovered in a suspiciously polite $1.85-$2.00 salon, unable to perch itself on the upper sofa of the room.

ChartNerd, that most earnest of market-watchers with a chart fetish and a coffee addiction, points to a reversal pattern that could signal a grand expansion may be lurking behind the curtains. The altcoin stands at what he calls a “critical inflection point” as it revisits a macro support zone-because nothing says destiny like a well-timed retest in a parlor of price and propriety.

He explains that a running flat ABC correction formation is “a sophisticated structure where the failure of the ‘C’ wave to breach previous lows signals underlying bullish strength.” One imagines a bureaucracy of waves filing their papers, only to discover the ink is bleeding toward the stars.

For the past 400 days, XRP has played a game of doubles on the same board, hinting at a forthcoming structural breakout-an expansion that would turn the ongoing dull opera into something more like a primary uptrend, if it should ever resolve itself properly.

As the chart recounts, the wave counts march in orderly repetition toward the same structure, and as long as macro support around $1.80 holds, the C wave could be doing a little defensive ballet for the bulls.

We could be just building a base above $1.80, marking the C wave in this running flat correction before the major breakout.

ChartNerd warns of a possible detour: XRP might dip below its grand support before a V-shaped revival. Yet he cautions that a breach of this area would be unhealthy indeed, offering that the only way to invalidate the whole performance would be a closing below the structure’s support, a retest as resistance, and a slide to lower chambers of the market.

XRP’s Price Defends Macro Support

The analyst hammers home the importance of the $1.80 line, noting that XRP has defended this territory for more than a year and could yet orchestrate an all-time-high rally as if summoning the ghost of a triumphant ledger.

“This is a macro accumulation zone, and we evidently also have two major levels of descending resistance for XRP,” he calls out, explaining that when the first multi-month descending resistance broke, the altcoin leaped to a fresh all-time high. A simple calculus, he says, if not in plain words: break the descending resistance, and XRP starts gearing up for further expansion.

It’s pretty simple: we have descending resistance on our heads at the moment, and we once had a point of contact on this resistance at the $2.40 high (…) So, at this moment in time, the simplicity tells us: break the descending resistance, and this is where XRP really starts gearing up for further expansion.

From this, ChartNerd asserts that if the $1.80 macro support holds, a rally of the same kind is likely. He also points to a bullish reversal structure forming under the stubborn $2.70 barrier on XRP’s chart.

Per the narrative, a three-month falling wedge once broke its chains during the January ascent. Now price retests the breakout level as support and may be preparing to climb toward its starting point once more. “So XRP just needs to defend the guard at $1.80, and this is where we could be looking for that sort of major expansion and aiming back toward the target of $2.70,” he concludes, perhaps with a wink toward the old Q4 ranges that haunt every chart like a rumor in a railway carriage.

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2026-01-24 11:10