XRP Is Quietly Accumulating Across Macro and Micro Timeframes

A recent technical analysis suggests that XRP long-term price pattern continues to show steady accumulation rather than selling pressure.

It argues that XRP’s extended period of sideways movement is not a sign of weakness but a defining feature of a larger bullish setup.

Notably, the XRP price dipped below $1.90 over the past day, almost completely wiping out all of its 2026 gains. XRP originally started the year on strong footing, reaching $2.40, but faced massive resistance that forced it to lose the $2 level. Now, it has also lost another psychological level at $1.90.

Meanwhile, some market watchers believe there is no cause for alarm yet, maintaining a promising outlook.

Key Points

• XRP’s long-term structure shows steady accumulation, not weakness, despite recent price dips.
• Analysts say years of consolidation often precede strong breakouts when support holds.
• Elliott Wave data suggests XRP’s multi-year triangle breakout remains structurally intact.
• Analysts still view $6 as a conservative target, citing Fibonacci extensions.

XRP Has Been Ranging for Years, and That Matters

Notably, this bullish perspective comes from Elliott Wave analyst XForceGlobal. He says investors should ignore short-term noise and instead focus on assets quietly building strength across multiple timeframes—a category he believes XRP fits into well.

XForceGlobal notes that XRP has been ranging for over a year within the current structure and for more than eight years when viewed from a broader cycle perspective. While this prolonged consolidation has tested investor patience, it has also allowed prices to compress into a tight structure.

In Elliott Wave theory, extended ranges like this precede strong breakout moves when key support levels hold. Rather than stagnation, the analyst views this pattern as a steady accumulation of XRP.

Triangle Breakout

Notably, the accompanying chart shows a confirmed multi-year triangle breakout with trend continuation, not exhaustion. In other words, XRP has held its broader structure, suggesting recent pullbacks are normal market noise rather than a breakdown.

XForceGlobal believes focusing too heavily on short-term candlesticks can be misleading during accumulation phases.

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XForceGlobal’s XRP chart

$6 Still a Conservative XRP Target

Despite rising market skepticism, XForceGlobal says $6 is a conservative price target for XRP based on wave extensions. XRP would need to expand by more than 3x to reach this target.

Notably, this level aligns with a minimum Fibonacci extension from past impulsive moves, while higher targets sit well above current prices. He adds that long consolidation phases often cause investors to underestimate how large the next move could be.

“Boredom Is a Feature of Accumulation”

A key takeaway from the analysis is that boredom is part of market cycles. “Boredom isn’t a flaw, but a feature of accumulation,” he noted. XForceGlobal stressed that the biggest gains usually come only after investors’ patience has been tested over an extended period.

With XRP still trading in a tight range, the analyst believes the foundation is being set for a much larger move that could surprise many once accumulation turns into expansion.

Numerous other market commentators share a similar view. For instance, a CryptoQuant analyst recently said an XRP breakout could happen as early as next week.

Others, such as YouTuber Moon Lambo, argue that no one can precisely predict an XRP breakout but encourage investors to use current market conditions to position ahead of a potential uptrend.