Analyst Spots XRP Falling Wedge That Once Triggered 600% Price Action

A chart posted by crypto analyst and self Blacksea (@333blacksea) is getting attention across crypto circles. It places two XRP daily charts side by side.

The left shows price action from 2024, and the right shows what is happening right now. The two look nearly identical, suggesting XRP may soon repeat its bullish history.

The pattern in question is a falling wedge. In this pattern, the asset’s price compresses between two downward-sloping trendlines over an extended period. Then the asset breaks out suddenly. In 2024, XRP did exactly that and then surged 600%.

What the Chart Shows

The left chart captures XRP’s 2024 falling wedge. The asset declined steadily from around $0.90 before compressing near $0.40. The wedge broke upward sharply, and XRP ran to approximately $3.40, a move of roughly 600%.

The second chart shows the current structure. XRP has been declining since mid-2025 after hitting its all-time high. It has been compressing between two converging downward trendlines. The most recent candles show a deep retracement, with XRP falling to its lowest point of 2026.

A dashed horizontal line sits near $1.50, marking near-term resistance. The analyst drew the trajectory on both charts, with the current chart targeting high levels if XRP can break out of the falling wedge.

How High Can XRP Go?

If XRP repeats a 600% move from the current price of $1.08, it could reach as high as $7.56. That would represent a new all-time high for XRP by a significant margin. Blacksea did not explicitly offer a price target. The post focused on pattern recognition and positioning. He noted, “The ones who position early + manage risk well won’t be the ones asking ‘why didn’t I see it?’ They’ll be the ones who did.”

The emphasis on risk management is notable. Pattern repetition in markets is never guaranteed, but the analyst stated that history often rhymes in the crypto space. The 2024 move was also supported by broader regulatory clarity for Ripple and a surge in altcoin demand.

What Comes Next?

XRP currently trades at $1.08, near the lower trendline of the falling wedge structure. A confirmed breakout with sustained volume would first need to clear resistance near $1.50 before any extended move becomes viable. The pattern is already established. The question is whether XRP’s price follows.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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