A market analyst points out that $XRP has continued to accumulate for over 100 days, says it feels like “they’ve fired up the rockets.”
Specifically, Celal Küçüker shared a daily $XRP chart showing that the crypto asset has undergone what looks like a 100-day accumulation trend below a multi-month descending trendline. He believes this could be a precursor for an explosive push, as a breakout looms.
Key Points
- After $XRP dropped from $3.6 in July 2025, it recorded lower highs under a descending trendline.
- This developed into an accumulation phase from February 2026, as $XRP started seeing higher lows.
- $XRP has spent 107 days in this accumulation phase, which features a symmetrical triangle.
- Küçüker says this 100-day accumulation feels like “they’ve fired up their rockets and are waiting.”
- $XRP has now moved close to the tip of the symmetrical triangle, making a breakout imminent.
$XRP’s Pullback from July 2025 Peak
Küçüker’s analysis comes on the back of renewed bullish momentum across the broader crypto market, which $XRP has leveraged to reclaim and hold above the $1.45 level.
Despite this upward push, $XRP still nurses significant losses, especially when considering its position late last year and early this year. Specifically, after reaching an all-time high of $3.66 by July 2025, $XRP recorded a massive pullback, dropping to $2.62 by early August before recovering above $3.
However, despite the rebound, $XRP’s price action continued to record lower highs from the July 2025 peak. This resulted in the formation of a descending trendline on the daily chart that capped the crypto asset’s upside potential for multiple months.
$XRP Slips into Accumulation Phase
With selling pressure stationed along this descending trendline, $XRP’s downward trend eventually pushed the crypto asset to new lows in early February. However, after this, it slipped into a choppy recovery pathway, which yielded a series of higher lows despite not reclaiming previous highs.
Since then, $XRP has been consolidating below $1.60 but has continued to witness higher lows, leading to the accumulation phase Küçüker highlighted. This accumulation, which takes the form of a symmetrical triangle, has lasted for about 107 days now.
Speaking on the extent of this phase, Küçüker remarked: ‘It’s like they’ve fired up their rockets and are waiting…,’ indicating that the build-up that has lasted for 100 days since February 2026 could eventually lead to an explosive surge for $XRP.
Possible $XRP Breakout Targets
Data from the accompanying chart shows that Küçüker expects $XRP to breach the upper descending trendline that has capped its upside growth since July 2025, as the price action moves closer to the apex of the symmetrical triangle.
First, $XRP would have to reclaim and close above $1.55 to successfully break out of the accumulation phase. From there, Küçüker places the first target at $2.4, representing a 62% from the current price and marking the resistance area that capped $XRP’s early January upsurge.
If $XRP breaches this resistance this time, the market analyst believes its next target would be $3.1. This aligns with a previous resistance area along the multi-month descending trendline. Above this is the $3.6 all-time high, which, if reclaimed, could set $XRP up for an upward push toward price discovery.
thecryptobasic.com