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TimesTabloid 2026-06-17 16:02:34

Top Trader: Accumulate XRP At This Point Before Next Bullish Move

XRP continues to trade through a lengthy pullback, but one analyst believes the current setup could mark the foundation for the next major advance. A chart shared by crypto analyst MikybullCrypto (@MikybullCrypto) highlights a recurring pattern that has appeared during previous market cycles, with the latest retest now taking shape near a key long-term support trendline. In a recent post, he advised analysts to accumulate XRP at current levels before the next bullish move begins. He believes the next target for XRP is $5 , which would mark a new all-time high for the asset. Accumulate $XRP at this point before the next bullish move The next bullish move target will be around $5 per coin pic.twitter.com/vDvDNJwQTX — MikybullCrypto (@MikybullCrypto) June 15, 2026 Long-Term Structure Remains Intact The chart uses XRP’s monthly timeframe and tracks price action stretching back more than a decade. A rising trendline connects major cycle lows and serves as a key structural support level throughout the asset’s history. He highlighted a zone on the chart showing when XRP pulled back into this ascending support. The asset found support near a horizontal 0.618 Fibonacci retracement level before launching into a strong upward move. At the time of the chart, XRP traded near $1.18 while approaching the intersection of the rising support line and a 0.618 retracement level. A Historical Pattern Reappears A key theme in the analysis is repetition. The chart highlights how XRP previously tested the long-term trendline during periods of consolidation before beginning a new expansion phase. The first highlighted example appeared around 2023. XRP revisited support near the trendline and the 0.618 level. This pullback preceded XRP’s 500% surge in late 2024 , and the analyst shows a similar setup forming right now. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 This similarity forms the basis for the analyst’s bullish outlook. Rather than focusing on short-term volatility, the chart emphasizes a recurring pattern that has developed across multiple years of price history. XRP has retraced from its 2025 peak of $3.65 and now sits near the same trendline that supported earlier cycle recoveries. Analyst Says Accumulate XRP Now MikybullCrypto predicts that this move could send XRP to $5. A move to $5 from the current level would represent a 324% climb. He advises that market participants accumulate tokens at the current low price . A successful defense of the current support region could kickstart a massive rally, and failure to hold support could provide another opportunity to accumulate at lower levels before a rebound. 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 Top Trader: Accumulate XRP At This Point Before Next Bullish Move appeared first on Times Tabloid .

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