Crypto analyst ChartNerd, operating under the handle @ChartNerdTA on X, is closely observing XRP's current market movement. He has identified that XRP is navigating a price zone that has historically played a significant role in shaping its market structure.
ChartNerd shared an accompanying chart that illustrates a noticeable slowdown in price action and a compression of volatility. On the surface, the market appears indecisive, yet ChartNerd suggests that there is a structured pattern underlying this apparent uncertainty.
This specific market environment is of great interest to technical analysts, particularly when past patterns can serve as a reliable reference point. ChartNerd has indicated a strong likelihood that XRP's current trajectory is mirroring the accumulation and subsequent breakout phase that occurred in November 2024.
$XRP: There is a strong chance PA is mimicking the prior accumulation/breakout phase from November 2024 in December 2025. last year, PA dipped below the 55 WEMA for a couple of weeks before making a violent recovery. Were in a similar set-up sitting below the 55 EMA now. https://t.co/jVSVAYs2d3pic.twitter.com/gHjFhhkw1W
— ChartNerd 📊 (@ChartNerdTA) December 8, 2025
A Look Back at November 2024
In November 2024, XRP concluded a prolonged consolidation phase. During this period, price candles were tightly compressed within a narrow range, and momentum indicators showed a flattening trend. Subsequently, XRP's price experienced a dip below the 55-weekly Exponential Moving Average (EMA). This downward movement persisted for several weeks, during which sellers appeared to hold the upper hand.
However, ChartNerd characterized the asset's subsequent recovery as "violent." XRP experienced a significant upward surge, achieving gains of over 500% in a matter of weeks. The chart provided in his analysis clearly delineates this historical period. Multiple attempts to break through resistance were rejected, while support levels successfully absorbed repeated selling pressure. Once the price finally broke out, the upward momentum was sustained without significant hesitation.
The Current Structure on the Chart
Presently, XRP is exhibiting a technical condition that bears resemblance to its 2024 pattern. Its price has again fallen below the 55 EMA but has managed to hold this level without a decisive breakdown. Throughout much of 2025, the asset has mirrored its 2024 trajectory, encountering multiple rejections at resistance levels.
The chart also indicates that the moving average has flattened out above XRP's current price. This scenario often suggests compression rather than an exhaustion of the prevailing trend. Furthermore, support zones have demonstrated their resilience by absorbing selling pressure on multiple occasions. This consistent behavior implies that demand for XRP remains present at these price levels.
What the Setup Points Toward
It is important to note that technical analysis does not offer definitive predictions of future outcomes but rather focuses on identifying and assessing probabilities. In this particular instance, ChartNerd's comparative analysis suggests that XRP may be in the process of establishing a base for a significant breakout. The historical cycle he references provides insight into the potential duration for which the asset might remain suppressed before experiencing a reversal.
If XRP's price manages to stabilize near its current range, the chart's indications would favor a strategy of patience over impulsive reactions. A sustained upward movement back above the 55 EMA would serve as the initial confirmation of a potential trend change. Following this, the next critical test would be overcoming resistance levels found near prior highs.
ChartNerd's comparison implies that XRP's current price behavior is not arbitrary. According to his analysis of the chart, XRP could be repeating a process that preceded its sharp price increase in the previous cycle.