Drop CEO Bird has released a comprehensive technical analysis of XRP, drawing parallels between the current weekly MACD structure and the conditions that preceded XRP’s substantial price rally in late 2024. Bird claims these similarities could signal a major price movement as soon as next week.
ETH
SOL
BSC
ROBINHOOD
USDT
AAPLThe 2024 chart pattern
Bird’s analysis focuses on a series of technical occurrences observed on the weekly chart. On July 15, 2024, XRP produced a bullish crossover in the weekly MACD, prompting a modest initial price response. As the MACD flattened, Bird describes this stage as a “bullish rebound,” with momentum remaining intact but price action largely stagnant for several weeks.
It was only after this period of sideways movement that a sharp rally emerged. Bird measures the interval between the July 15 bullish cross and the beginning of the explosive rally as 16 weekly candles, or 112 days. During this move, XRP climbed from approximately $0.50 to over $2.50 within a few weeks.
Look closely at what happened in 2024, because the structure and timing we’re seeing right now are remarkably similar. On July 15, 2024, XRP printed a bullish cross on the weekly chart, and the ensuing price action soon led to a major rally.
The 2026 structure and timing
Bird points to an identical pattern emerging in 2026, starting with another bullish crossover on April 13. Despite continued price declines after the signal, the weekly MACD maintained its bullish structure. The indicator soon flattened and began to recover, a move Bird describes as nearly identical to the 2024 setup.
Applying the same 16-bar, 112-day window from April 13, Bird notes the timeline aligns precisely with August 3, 2026. He emphasizes that the timing matches the previous cycle “exactly,” reinforcing his conviction in the chart pattern’s possible implications.
Current status and outlook for XRP
XRP currently trades near $1.03, positioned just above a key support level that Bird identifies as critical. The token has compressed at this level after months of decline from a 2025 peak above $3, reflecting a sustained loss of momentum.
Bird remains firm in his projection, stating that the upcoming week could deliver a significant shift in momentum if support holds. He expects that XRP could replicate “the kind of violent repricing” seen after November 2024, should weekly momentum expand above the $1 region.
Next week is when XRP could finally wake up. The combination of identical MACD signaling, timing, and support levels highlights an unusually strong alignment of factors.
However, Bird acknowledges the inherent unpredictability of markets. He cautions that although history provides useful comparisons, it rarely repeats itself precisely. “A single historical comparison isn’t proof of what happens next,” Bird notes, even as he highlights the striking similarities and signals that have caught his attention.
To closely monitor market movements and catch potential opportunities in XRP and other digital assets, Bird underscores the value of robust technical and macroeconomic monitoring. Tools such as CryptoAppsy, which requires no account creation hassle, provide investors with real-time prices, advanced charting, multi-currency portfolio management, and customizable price alerts. These features, paired with coin-specific news filtering and instant access to macro indicators like Fed interest rates, can help users make timely decisions in rapidly changing market conditions.
As the designated window ended on August 3, Bird suggests that immediate action or observation may prove decisive in determining whether XRP repeats its historical breakout or diverges from previous cycles.
