The crypto market often rewards patience, and XRP now stands at a moment that could define its next major move. While short-term traders focus on daily fluctuationsThe crypto market often rewards patience, and XRP now stands at a moment that could define its next major move. While short-term traders focus on daily fluctuations

Analyst: You Are Not Bullish Enough on XRP. Next Month Looks Promising

2026/02/21 19:05
3 min read

The crypto market often rewards patience, and XRP now stands at a moment that could define its next major move. While short-term traders focus on daily fluctuations, long-term technical structures quietly shape the bigger narrative. XRP’s weekly chart now reflects a setup that many analysts believe the market continues to underestimate.

XRP Captain recently shared a TradingView chart highlighting a descending channel that has controlled XRP’s price action since late 2024. He argues that investors are “not bullish enough” as the asset approaches a critical resistance level near $1.43. According to his outlook, March 2026 could mark a decisive turning point if price breaks above the upper boundary of this long-standing structure.

A Year-Long Descending Channel Nears Resolution

Since late 2024, XRP has traded within a clearly defined descending channel on the weekly timeframe. The pattern formed through a sequence of lower highs and lower lows, reflecting sustained selling pressure after earlier rallies. However, price now presses firmly against the channel’s upper resistance line.

Repeated tests of resistance typically weaken the supply. If bulls secure a strong weekly close above the descending trendline, the breakout would invalidate the bearish structure that has governed XRP for over a year. Technical theory suggests that prolonged compression often precedes sharp expansion, especially when price coils within narrowing boundaries.

XRP has demonstrated this behavior in previous cycles. Extended consolidation phases have historically preceded aggressive upside movements once structural resistance broke decisively.

Strengthened Fundamentals Support the Setup

Technical patterns rarely operate in isolation. XRP’s broader environment has improved significantly over the past year. The resolution of Ripple’s lawsuit removed a major regulatory overhang and restored institutional clarity around XRP’s status.

Ripple also launched RLUSD in December 2024, expanding ecosystem utility and reinforcing XRP Ledger development. If the technicals turn bullish, these developments make a strong case for investors to start pouring money back into the asset.

At the same time, broader crypto liquidity has gradually stabilized following periods of volatility. Large-cap digital assets have begun to attract renewed attention, positioning XRP for potential participation in a wider market recovery.

Why March 2026 Could Be Pivotal

XRP Captain’s projection centers on timing as much as structure. The descending channel has reached maturity, volatility has contracted, and the price is currently testing resistance levels directly. March 2026 aligns with the natural culmination of this technical formation.

If XRP confirms a breakout with strong volume and weekly conviction, traders could witness accelerated upside driven by sidelined buyers and short covering. While no setup guarantees outcome, the current structure places XRP at a critical crossroads.

If resistance breaks decisively, the market may soon discover that it was never bullish enough on XRP.

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 urged to do in-depth 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.


Follow us on Twitter, Facebook, Telegram, and Google News

The post Analyst: You Are Not Bullish Enough on XRP. Next Month Looks Promising appeared first on Times Tabloid.

Market Opportunity
XRP Logo
XRP Price(XRP)
$1.4466
$1.4466$1.4466
+1.23%
USD
XRP (XRP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

U.S. Oil Production Is On Pace For A New Record, But Growth Is Slowing

U.S. Oil Production Is On Pace For A New Record, But Growth Is Slowing

The post U.S. Oil Production Is On Pace For A New Record, But Growth Is Slowing appeared on BitcoinEthereumNews.com. FORT STOCKTON, TEXAS – MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and gas-producing Permian Basin, which covers a large swathe of west Texas, leading the way. Permian Basin towns of Midland and Odessa notched 2.6 and 3.5 percent unemployment respectively, according to the report touted earlier this month by Gov. Gregg Abbott. (Photo by Brandon Bell/Getty Images) Getty Images For the past two years, the United States has set oil production records. This growth is a continuance of the surge in oil production resulting from the shale boom that began earlier this century. According to data from the Energy Information Administration, U.S. oil production average 13.2 million barrels per day in 2024, up from 12.7 million in 2023 and 12.5 million in 2022. U.S. Oil Production 1860-2024. Energy Information Administration It is now clear that the U.S. is on track this year to set its third consecutive annual record for crude oil production. Year-to-date production through the week ending September 12, 2025 shows a production level of 13.44 million BPD, which is about 1.9% ahead of last year’s record pace. But beneath those headline numbers, a subtle shift is underway: growth is slowing. The slowdown becomes clear if we look at the year-over-year percentage changes over the past 20 years. Annual Oil Production Change 2006-2025 YTD. Robert Rapier There have been only two other periods in the past 20 years where U.S. oil production growth slowed for three consecutive years, but both of those instances had extenuating circumstances. The first was from 2014 through 2016, when a price war launched by OPEC triggered a collapse in oil prices and forced U.S. producers to slash drilling activity. The…
Share
BitcoinEthereumNews2025/09/18 18:35
Solana stabilizes after $10.26M SOL whale buy: Will recovery follow?

Solana stabilizes after $10.26M SOL whale buy: Will recovery follow?

The post Solana stabilizes after $10.26M SOL whale buy: Will recovery follow? appeared on BitcoinEthereumNews.com. A whale invested $10.26 million to accumulate
Share
BitcoinEthereumNews2026/02/21 20:08
Van $1,43 naar $27? Driehoek XRP koers houdt de markt in spanning

Van $1,43 naar $27? Driehoek XRP koers houdt de markt in spanning

XRP beweegt nog steeds binnen een groot technisch patroon op de weekgrafiek. Op deze grafiek is een symmetrische driehoek te zien die al meerdere jaren standhoudt
Share
Coinstats2026/02/21 19:46