2026-01-05 23:10:50

Looking at XRP on the daily timeframe, here's what's standing out right now.

We've seen massive capitulation breaking out of that descending triangle formation—pretty textbook reversal setup. The chart painted a clear picture with the deathwick and the subsequent failed retest that followed.

There's been a real market depression phase playing out with that descending wedge we caught earlier. After the retest didn't hold, things got shaky for a bit. But now the structure is shifting, and the momentum feels different.

The key here is watching whether this capitulation translates into real reversal potential or if we're still in accumulation territory. Either way, the technical setup warrants closer attention over the next moves.

XRP5,39%

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P2ENotWorking

· 01-08 09:23

XRP looks a bit shaky this time. The death cross has appeared, and they're still talking about a reversal. I just want to know if this is another pump-and-dump scam.

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LightningHarvester

· 01-08 06:34

Breakout rebound, finally getting interesting Wait, can this hold this time? The chart looks good, but I still need to see the trading volume If the descending triangle breaks, will it be a false breakout... Accumulation or reversal, we'll know the answer next week This wave of XRP, I bet it will go up It still feels like testing, don't rush to get in The wedge pattern is complete, the rebound should come now This time is different, the momentum has indeed changed There are too many facepalm situations, I’ll wait for a few more K-lines

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MemeTokenGenius

· 01-06 10:42

Can XRP rebound this time or will it continue to deceive? It looks a bit uncertain.

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SerumDegen

· 01-05 23:33

ngl that deathwick got me sweating more than i care to admit... capitulation narratives are just copium until the retest actually holds, seen too many "reversals" get liquidated into oblivion

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NFTRegretful

· 01-05 23:27

It's been breaking out for so long, and the death cross has appeared. Could it really rebound? I'm skeptical... For XRP, either a reversal or continued decline, don't be fooled by the misleading lines. Let's wait and see the next candlestick; it feels like an accumulation phase. How many times has the death cross tricked me? Is this time for real? Accumulation or reversal, honestly, who the heck can be sure... Let's see next time.

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TokenRationEater

· 01-05 23:17

Falling wedge breakout and escape, can it rebound after the death trap... This wave looks a bit uncertain

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DeadTrades_Walking