TimesTabloid
2026-04-23 13:31:34

Developer Says the Start of Next Major Price Rally Is This Week. Here’s why

Momentum is building around XRP at a critical point on the weekly chart. A tightening structure has now resolved to the upside, while a key momentum indicator has shifted in the same direction. This combination is driving expectations that a larger move may already be starting. Crypto analyst Bird (@Bird_XRPL) pointed directly to this setup, stating, “This is actually a huge week for XRP.” His post focused on a clear breakout from a wedge pattern and a confirmed weekly MACD crossover. He added that “many signals look like the start of the next major move is this week.” This is actually a huge week for XRP. Price has broken out of this wedge, and the weekly MACD confirmed crossed last night. Many signals look like the start of the next major move is this week. pic.twitter.com/cNI0YZq9uT — Bird (@Bird_XRPL) April 20, 2026 Wedge Breakout Signals Shift in Structure The chart shows XRP trading near $1.42 after months of compression . Price action formed a descending wedge, with lower highs meeting rising support. This pattern often leads to expansion once the price exits the structure. That breakout now appears to be underway. XRP has pushed above the upper trendline. The move places its price outside the wedge that controlled its direction since the brief resurgence in January . The structure also shows a series of smaller candles leading into the breakout point. That compression reflects reduced volatility. It often appears before directional expansion. Weekly MACD Confirms Momentum Shift Momentum indicators now support the price action. The weekly MACD has crossed upward. This signal carries weight due to the higher timeframe . It reflects a shift in trend strength rather than short-term fluctuation. The crossover occurred just as XRP moved through resistance. That alignment strengthens the case for continuation. MACD signals on weekly charts tend to lead sustained trends when confirmed by structure. Bird referenced this directly in his post. He noted the crossover was confirmed the night before, tying timing closely to the breakout event, and adding urgency to the current setup. What to Watch for This Week The chart includes a projected move higher, with an arrow pointing toward the $2.2-$2.4 region. This aligns with previous resistance zones . These levels served as support and resistance during earlier phases of price action in 2025. If XRP can maintain its position above the wedge, continuation toward these levels becomes more likely. This week carries added weight due to timing. Price structure and momentum signals all aligned within a short window. That overlap increases the importance of follow-through. A strong weekly close above the breakout zone would validate the move. It would also reinforce the MACD signal. Traders will monitor whether XRP builds higher highs from this point. 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. Follow us on X , Facebook , Telegram , and Google News The post Developer Says the Start of Next Major Price Rally Is This Week. Here’s why appeared first on Times Tabloid .

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