A tightening price structure on the weekly chart has put XRP in focus as traders watch for a decisive move. Crypto analyst CryptoBull (@CryptoBull2020) shared a chart outlining this setup and stated clearly that there is “only one direction from here: UP!” The chart highlights a multi-month consolidation phase following a strong rally in late 2024. XRP now trades within converging trendlines, creating a formation that can be read as either a triangle or a falling wedge. CryptoBull reinforces his view by adding that “all technicals say this is bullish.” #XRP chart is showing only one direction from here: UP! Whether you look at it and see a triangle or a falling wedge, all technicals say this is bullish. pic.twitter.com/Z1kRXX51f5 — CryptoBull (@CryptoBull2020) April 27, 2026 Structure Shows Tightening Price Action On the weekly timeframe, XRP established a clear uptrend, rising by 500% between late 2024 and early 2025 before entering a period of consolidation. Since then, its price has formed lower highs while maintaining higher lows. This structure reflects a narrowing range that continues to tighten. This trend formed the symmetrical triangle on CryptoBull’s chart. However, XRP experienced another notable surge in July 2025, rising to a new all-time high of $3.65 . This move formed the top of the falling wedge, adding another bullish pattern to the setup. The falling wedge now connects the rejection points from 2025 and 2026. Each rally attempt stalled below the previous high. At the same time, the ascending support line shows buyers stepping in earlier on each pullback. This combination signals compression. Volatility has declined as the price approaches the apex of the pattern. That phase often leads to a breakout once the range becomes too tight to sustain. The Falling Wedge Supports the Bullish Case The falling wedge pattern forms when the asset’s price trends downward within narrowing boundaries. It often points to weakening selling pressure. In this case, the slope of the resistance line shows a gradual decline in highs. However, the downward movement lacks strength. Candles appear smaller, which signals reduced momentum from sellers. Meanwhile, the rising support line shows steady demand. Buyers continue to enter the market at higher levels. This creates upward pressure beneath the price. A breakout above the wedge resistance would confirm this bullish setup. What Comes Next for XRP? The immediate focus remains on the upper trendline. A weekly close above this level would validate the breakout. Higher timeframe setups like this tend to carry more weight . They often lead to sustained trends rather than short-term fluctuations. If XRP confirms the breakout, traders will likely look toward previous highs as the next key levels. 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 Top Analyst Says XRP Chart Is Showing Only One Direction from Here appeared first on Times Tabloid .
