Analyst to XRP Holders: I Feel Like We Are Very Close to This Moment

XRP may be approaching a critical stage in its long-term market cycle. Crypto analyst Cryptobilbuwoo0 believes the asset is showing conditions similar to those seen before its 2017 historic rally. The analyst noted XRP’s position near a long-term ascending trendline and suggested the current setup resembles the period leading to the explosive move in March 2017. He stated that XRP is “shaking up as if breaking the long-term uptrend line” and described the current zone as an “all-time low buying opportunity.” The chart accompanying the post presents a multi-year view of XRP’s price action stretching from 2014 through 2029, highlighting recurring interactions with a long-term rising channel and key Fibonacci levels. It is shaking up as if breaking the long-term uptrend line. $XRP 's current position represents an all-time low buying opportunity, similar to February 2017 before the rally in March. It is wrapping up the fifth wave of the final downtrend. Looking ahead, I expect the unexpected… https://t.co/lRAEi751Kv pic.twitter.com/SCMXDXke4m — (X)=chi (R)esurrected (P)=rho (@Cryptobilbuwoo0) June 5, 2026 Chart Points to Historical Repeat The chart shows XRP trading within a broad ascending channel for more than a decade. Two areas receive particular attention. The first appears in 2017, where XRP briefly touched the lower boundary of the channel before beginning a powerful advance. The second appears in 2026, where XRP has once again returned to the lower section of the structure. Both areas carry labels marking “Divergence & Bottom in,” suggesting the analyst sees a similar bottoming process developing. The current position is near the lower white trendline that has supported XRP during market cycles. The chart also includes Fibonacci extension levels marked at 0.236, 0.618, and 1.0. XRP recently fell back toward the lower part of the channel after reaching significantly higher levels in mid-2025. Despite that pullback, the long-term structure remains intact on the chart. We are on X, follow us to connect with us:- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Final Wave Completion Scenario Cryptobilbuwoo0 also stated that XRP is “wrapping up the fifth wave of the final downtrend.” That comment references Elliott Wave theory, which often views a five-wave decline as the completion of a corrective structure before a new upward cycle begins. Under that interpretation, the current weakness would represent the final stage of a larger correction rather than the start of a new bearish trend. The analyst did not provide a specific price target. However, the chart projects a path toward higher Fibonacci levels within the channel. The highlighted 0.618 level sits near $17.11, while the upper 1.0 level appears around $113.13. Those levels represent long-term reference points rather than short-term targets, but they illustrate the scale of the move anticipated if the 2017 fractal plays out and XRP follows the same trajectory shown on the chart. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X, Facebook, Telegram, and Google News The post Analyst to XRP Holders: I Feel Like We Are Very Close to This Moment appeared first on Times Tabloid.