Data Analyst Says XRP Bull Rally Has Already Begun. Here's the Signal

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A familiar structure has formed again on the XRP chart. This time, it appears at a critical point in the long-term trend. CW (@CW8900), a crypto investor and data analyst, stated, “The bull rally for $XRP has already begun.”

His chart shows a long-term ascending channel that has guided XRP’s price for years. Each time its price touched the lower boundary, a strong move followed.

The chart shows that XRP is now in a similar situation, and the analyst suggests that a major move is imminent. The chart shows similar reactions in earlier cycles, where XRP bounced from the lower trendline before moving higher within the channel. The structure remains intact, and the price continues to respect the trend.

The Historical Pattern

CW wrote, “A green candle has appeared at the bottom of the rising channel, which is a historical bottom.” This statement refers to a repeating pattern visible on the chart. In previous years, when XRP touched the lower boundary of the channel, buyers entered the market and pushed the price upward.

The first occurrence was in 2017, and this move pushed XRP to its 2018 peak. The second test occurred in late 2024 and caused a 500% surge for the digital asset. The digital asset has now retested this historical bottom. Each touch of the lower trendline led to a move toward the middle or upper part of the channel. The current setup looks similar to those earlier points.

This type of structure often attracts technical traders because it provides clear support and resistance zones. The lower boundary acts as a demand zone, while the upper boundary acts as a supply zone. XRP now sits near the lower part of this structure, targeting the next upward move within the channel.

What May Come Next for XRP?

The chart includes a projected path that follows the channel upward. If XRP continues to respect the structure, it could first move toward the middle of the channel. After that, the upper boundary becomes the next major target. The channel is wide, implying a large price range.

Past moves in this channel have been strong once the asset leaves the bottom area. Momentum often increased as it moved toward the upper trendline. The same structure remains in place today, and the recent bounce from support shifts focus to continuation within the channel. The long-term trend points upward as long as XRP remains within this rising channel.

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