Analyst Says XRP Is a True Definition of a Pump & Dump. Here’s why

A long-term technical pattern on the XRP/Bitcoin trading pair is drawing renewed attention as some analysts assess whether XRP could be approaching a significant turning point against the largest cryptocurrency.

According to crypto analyst JD, XRP’s historical performance against Bitcoin has largely reflected repeated cycles of sharp rallies followed by steep declines, a trend he argues has benefited Bitcoin holders at the expense of many XRP investors.

However, despite his criticism of XRP’s past price action, JD believes a breakout from a multi-year symmetrical triangle could dramatically change the asset’s trajectory.

In a recent post on X, JD shared a chart of the XRP/BTC pair spanning more than a decade and outlined what he views as a recurring “pump and dump” cycle. He argued that Bitcoin whales have repeatedly used liquidity from XRP market participants to strengthen their Bitcoin positions over time.

Historical XRP/BTC Cycles Highlighted

The chart attached to JD’s post tracks XRP’s performance against Bitcoin from 2013 through 2026. Throughout the chart, the analyst marked several major price surges as “pump” phases and subsequent declines as “dump” phases.

According to JD, these repeated cycles demonstrate a pattern in which XRP experiences sharp upward movements that attract market attention before giving back a substantial portion of those gains. He labeled multiple historical highs and lows across different market cycles to support his argument that the XRP/BTC pair has consistently followed this structure.

The analyst went further by claiming that Bitcoin whales have benefited from these movements by using XRP market liquidity to accumulate additional Bitcoin. In his view, many XRP holders have ultimately remained at a loss while larger market participants have continued to profit from the recurring price cycles.

JD acknowledged that some investors disagree with this interpretation. In his post, he suggested that holders currently sitting at losses may reject his assessment of XRP’s historical performance against Bitcoin.

Focus Turns to Symmetrical Triangle Formation

Despite his critical assessment of XRP’s long-term history against Bitcoin, JD’s outlook was not entirely bearish.

The chart highlights a large symmetrical triangle that has developed over several years. The upper trendline connects a series of declining highs, while the lower trendline connects rising lows, creating a narrowing price structure that often attracts attention from technical analysts.

According to JD, the future direction of XRP relative to Bitcoin could depend heavily on whether this pattern ultimately breaks upside. He emphasized that a bullish breakout from the symmetrical triangle could trigger what he described as a “moonshot” move for XRP.

His chart also included a projected upward trajectory following a potential breakout, suggesting that a decisive move above the triangle’s resistance line could mark a significant shift from the historical pattern he outlined.

For now, JD maintains that XRP’s historical record against Bitcoin has favored larger market participants. However, he contends that a confirmed breakout from the long-term triangle could create a substantially different outcome and potentially lead to a stronger performance for XRP relative to Bitcoin in the years ahead.

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.

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