XRP's monthly chart illustrates a strong technical foundation that is developing after an extended period of consolidation. Price action has built a rising triangle pattern with the potential to give rise to a breakout continuation once that resistance is taken out. The structure develops from the 2017- 2018 highs, through multiple retests, and has now been compressed in a decision zone.
An obvious sign of hidden bullish divergence appears on the RSI indicator, where the oscillator is forming higher lows and the price is forming higher lows at a slower pace. This setup often indicates that buying pressure is being built hidden underneath apparent consolidation. XRP's RSI reading of 62.91 is still in bullish territory and has continued to show momentum during corrective pullbacks.
The structure and momentum alignment could indicate a period of continuation like previous breakout cycles in 2017 and 2020. Historically, XRP's most substantial price rallies have taken place following lengthy compression cycles like we are in now.
The chart shows key support just shy of $1.60, which highlights the base of XRP's rising trendline formed across multiple cycles, which has remained steadfast despite being tested multiple times, showing strong accumulation. Below this, there is historical support that formed near the $0.28 zone, which was marked as the bottom for the previous cycle, where XRP reversed after nearly a 95% drawdown.
On the upside, resistance continues toward the $3.37 region, where a major comparative local top remained during the last rally. A sustained close beyond this region could mark a breakout at the long-term level, which could lead to the area marked targeting the green box, as shown on the chart - the upper target zone marked between $5.00 and $7.00.
The technical path toward the green box aligns with XRP’s recurring expansion-consolidation cycle visible throughout the chart. Each expansion phase has produced exponential returns following multi-year consolidation, supporting expectations for a similar outcome if current momentum continues.
The RSI divergence has been the most important of all technical signals on the chart. The RSI trend is going steadily upward in mild price retracements, showing a return of strength to the market. This by-product hints at the same 2016–2017 correlation that was the cause of the XRP historical rally from $0.006 to $3.37.
A trio of factors that are positive for the price includes support increasing, momentum divergence, and long-term compression, which together make it very likely that there will be an upward breakout. If the RSI maintains its current slope and the price closes above the structural resistance, XRP could have another exponential surge like its previous one.
Currently, the market is in a state of balance, with buyers slowly taking control over the long-term sellers. The yellow arrows on the chart indicate the projected price path. A breakout from the ascending triangle could then result in a rapid rise to the upper Fibonacci levels and the psychological resistance zones.
The visual merger of technical indicators - trendline convergence, higher lows, and a developing positive momentum divergence - provides further indication that XRP is approaching a significant inflection point. In a few months, we may know if this structure matures into a fully developed reversal, thereby completing a long-term bullish cycle.
XRP’s monthly chart reveals a hidden bullish divergence supported by a rising triangle structure and strong RSI momentum. Price compression near support and consistently higher lows position XRP for a potential breakout toward the green box zone above $5.