Crypto analyst JD has identified a significant technical formation for XRP, pointing to the possibility of a major breakout in the coming years. He outlined this perspective in a recent post on X, emphasizing that the current price action could soon reach a crucial inflection point.
Technical analysis signals potential breakout
JD, a market analyst known for examining historical price cycles, published a weekly XRP/USD chart illustrating a long-term falling wedge pattern. This chart shows XRP’s price moving between two declining trendlines, with repeated rejections at the upper boundary—including around the $3.37 mark.
He noted that the $3.37 level was a previous sell point in his own trading history and that his current position is focused on a target set between 2027 and 2028. The chart highlights XRP near the lower boundary of the wedge, with the 0.786 Fibonacci retracement level at approximately $1.0133, suggesting that XRP may be approaching the level where a breakout to the upside could occur.
JD’s technical setup is based on the characteristics of a falling wedge, a pattern that often precedes price reversals. However, he has not specified a particular date for an anticipated breakout.
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AAPLMini dictionary: Falling wedge, a technical chart pattern defined by converging downward-sloping trendlines. Often interpreted by analysts as a potential bullish signal if a breakout occurs above the upper boundary, the pattern suggests a loss of downward momentum and potential reversal to the upside.
As XRP approaches the final stages of its falling wedge structure, JD’s analysis points to a possible shift in momentum if the technical formation breaks to the upside.
| Technical metric | XRP level |
|---|---|
| Upper wedge boundary | Approx. $3.37 |
| Lower wedge boundary | Near recent price lows |
| 0.786 Fibonacci retracement | About $1.0133 |
| Analyst’s major top target | 2028 (projection) |
JD forecasts next major top around 2028
Based on recurrent historical cycles, JD projects that the next substantial peak for XRP could occur around 2028. He explained that this outlook is not a fixed prediction but stems from analysis of previous market cycles and their repetition over time.
He indicated that once XRP approaches its major cycle top, leadership within the overall crypto market could shift back to Bitcoin. JD’s review places Bitcoin in a position of renewed dominance after the projected XRP peak, reflecting trends seen after earlier cycle tops.
If XRP repeats its past market cycles, a major top could arrive in 2028, after which investor focus may return to Bitcoin as overall market leadership shifts.
Community reacts to “close” breakout comment
The timing of JD’s anticipated breakout prompted discussion among other traders. Commentators questioned what “close” might mean in practical terms, with FlexChainWerks remarking that it could be weeks, months, or even years before confirmation occurs, citing the lack of a defined timeframe.
Trust Dex, another X user, noted the similarity between JD’s proposed 2028 top and the four-year period separating previous altcoin cycle peaks, such as those between 2017 and 2021. Trust Dex also pointed out that current liquidity depth in the XRP market has not yet matched prior cycle conditions.
Despite differing views on timing, there remains general interest in JD’s technical approach, which relies primarily on traditional chart analysis while largely avoiding speculation based on fundamentals or new product utility.
