Analyst JD has made a bold prediction regarding XRP, stating that the token is set for significant growth followed by a sharp decline.
XRP’s Price Action and Confirmed Technical Breakout
As of report time, XRP is trading at $3.15, holding firm after an explosive mid-July breakout that saw prices soar to a high of $3.64. This move confirmed a breakout from a six-year symmetrical triangle pattern, one of the most significant technical structures in XRP’s long-term chart.
The breakout was validated by robust volume exceeding 158 million XRP tokens traded within 24 hours of the move, a signal that institutions and whales were not only watching but participating.
Currently, XRP is consolidating above $3.00, with clear support forming at $3.05 and major resistance between $3.40 and $3.60. If bulls can reclaim and hold above this zone, analysts project an extension toward the $6 region.
Whale Activity and Institutional Momentum Strengthen the Bullish Case
On-chain data shows that large XRP holders are aggressively accumulating. In the past two weeks, over 70 million XRP have moved out of dormant wallets into active accumulation zones. This pattern mirrors historical behavior that often precedes major upside moves.
Additionally, regulatory clarity and ETF optimism continue to attract institutional capital. Ripple’s recent legal progress against the SEC, coupled with growing anticipation for a U.S.-approved XRP ETF, has reignited market confidence in the token’s long-term viability.
The XRP/BTC Ratio and JD’s Final Blow-Off Scenario
JD’s thesis focuses on XRP’s performance relative to Bitcoin, not just its USD valuation. On the XRP/BTC monthly chart, the asset is testing a key historical resistance level, now turned support after a decade-long downtrend.
JD anticipates that XRP will explode higher against Bitcoin, reaching around $9, but he also forewarns that this move will likely mark the peak of the cycle before a deep retracement, one severe enough to wipe out 90% of gains. This pattern, in his view, is not only technical but psychological: smart money exits while retail investors are blinded by euphoria.
While JD’s warning has drawn attention, the broader analyst community is more measured. Nonetheless, XRP’s breakout above a six-year triangle has reshaped its technical profile. With institutional interest growing and whale support underpinning price, the upcoming months will be crucial for XRP.
