Developer: We’re Ready for Those XRP’s Big Green Candles to Arrive Overnight

XRP has been trading in a narrow range since early February, maintaining a stable level around $1.35.

This period of consolidation has drawn attention from analysts who are watching XRP for a potential breakout. Crypto analyst Bird (@Bird_XRPL) highlighted the current setup with a chart showing the token’s recent price activity.

He noted that the market appears ready for “those big green candles to arrive, overnight,” signaling that significant upward movement may be imminent.

Price Movement Analysis

The chart illustrates a clear horizontal channel forming over the past two months. XRP has consistently bounced between approximately $1.3 and $1.65. This sideways movement indicates balance between buying and selling pressure, with neither side dominating.

Observers see this as a period where the market absorbs activity, setting the stage for a decisive move. The current price of $1.3473 sits near the lower bound of this channel, suggesting potential for an upward push if buyers step in.

Daily candlestick patterns reveal multiple failed attempts to break below support, which strengthens the significance of the lower range. Each time XRP approaches $1.3, buying interest increases, preventing further declines.

On the upper side, resistance around $1.65 has limited gains, keeping the market contained. The chart also shows the steep downtrend from the asset’s all-time high of $3.65 which it reached in July 2025.

Indicators Point to Potential Upside

Technical indicators suggest that XRP may be preparing for upward movement. The stable price action over several weeks reduces volatility, allowing momentum to accumulate. Analysts are observing the pattern closely, noting that a break above the $1.65 level could open the door to higher targets.

The chart shared by Bird illustrates a potential trajectory toward $3.65, and potentially higher if bullish conditions continue. While no timeframe is guaranteed, the structure suggests that the consolidation is nearing an end and that buyers may gain control soon.

Market Outlook

XRP’s current consolidation offers clarity to investors seeking entry points. Staying close to support levels reduces downside risk while positioning for potential gains. Analysts are monitoring the token for signs of a breakout, with the recent chart emphasizing readiness for a significant move.

Bird’s analysis reinforces this view, suggesting that momentum could build quickly once conditions align. The horizontal range provides a defined area for risk management, while the projected upside keeps attention focused on the next possible phase of growth.

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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