Analyst Who Called Last $0.28 XRP Bottom States Biggest Opportunity of This Cycle
After months of price decline, XRP may be approaching one of the most closely watched technical levels of the current market cycle, according to crypto analyst JD on X.
The analyst noted XRP’s sharp correction, explaining that the current price range could present one of the strongest dollar-cost averaging (DCA) opportunities before the next major move higher. He also reminded followers of his previous market calls, saying he accurately identified both the last cycle’s bottom and top.
JD stated that during the previous bull market, he called XRP’s bottom at $0.28 and later projected the token’s peak at $3.37. He contrasted those predictions with what he described as overly optimistic forecasts from other market commentators, claiming that many “moonboy influencers” remained incorrect throughout XRP’s prolonged decline.
Analyst’s XRP Long-Awaited Target Reached
According to JD, XRP has now declined approximately 72% to his long-standing price target of $1.01. He believes this area represents an attractive accumulation zone for investors using a dollar-cost averaging strategy.
His accompanying chart highlights a large symmetrical triangle pattern developed after XRP’s previous market peak. The chart compares the current structure with XRP’s price action during the last market cycle, where a similar consolidation eventually led to a significant breakout. JD marked the current region with a “BUY!” label near the apex of the triangle, suggesting he expects another upward move if the historical pattern repeats.
The chart also projects a potential breakout beyond the resistance line, although it does not specify a precise price target for the next advance. Instead, it focuses on the technical setup and the possibility that XRP could be approaching a major turning point.
Difference Between Public and Patreon Trade Setups
One follower questioned why JD no longer emphasizes his previous buying range between $0.60 and $0.80, which had been highlighted in a pink box on earlier charts.
In response to the comment, JD clarified that he still has a substantial buy order within that price range. However, he explained that he shares different technical data publicly than he does with his Patreon subscribers.
His response suggests that while he views the current price region as a buying opportunity, he is also prepared to accumulate more XRP if the asset declines further into the lower range he previously identified.
Short-Term Recovery Possible While Bottom Forms Later This Year
In another comment, JD addressed XRP’s near-term outlook. He said that a bullish divergence could develop in the short term, potentially supporting a temporary recovery. However, he also noted that major market bottoms typically occur in the third or fourth quarter, indicating that he remains cautious about the timing of a definitive reversal.
Overall, JD’s latest update reinforces his view that XRP has entered a critical technical zone. While he acknowledges that further downside remains possible, he maintains that accumulating near current levels could offer one of the strongest opportunities of this market cycle if his analysis ultimately proves correct.
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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