Crypto analyst ChartNerd believes XRP is entering a critical phase that closely resembles its major accumulation and breakout structure from late 2024. According to the analyst, XRP’s current price action is showing nearly identical behavior to the pattern that preceded its violent surge in November 2024.
In his latest commentary, ChartNerd noted that XRP has once again dipped below the 55-week EMA, just as it did last year before reversing sharply to the upside. The analyst emphasized that XRP is “in a similar set-up sitting below the 55 EMA now,” suggesting that the asset may be on the verge of another decisive move.
Accompanying charts shared by ChartNerd highlight two large consolidation ranges, one from 2024 and another forming in late 2025, showing matching structures, repeated support retests, and identical reactions around key moving averages.
The visual comparison illustrates how XRP historically builds momentum through prolonged sideways accumulation before delivering explosive breakouts.
$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/jVSVAYs2d3 https://t.co/gHjFhhkw1W
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) December 8, 2025
Retest of $1.90 Expected Before Major Upside Attempt
In a follow-up assessment, ChartNerd projected that XRP is likely to retest the $1.90 support zone in the coming weeks. The analyst described this level as critical, calling it a probable short-term destination before a larger upward move.
According to the second chart, XRP is currently trading beneath a long-term descending resistance line that has capped its rallies throughout 2025. ChartNerd expects a final liquidity sweep toward the $1.90 support zone, followed by an attempt to break above this multi-month descending trendline, which he refers to as “the great escape.”
The chart also suggests a potential compression pattern forming along support, implying that sellers may be exhausting as XRP continues to defend the same zone repeatedly.
Analyst: “2026 Looks More Than Promising”
Despite the short-term expectation of a pullback, ChartNerd remains bullish on XRP’s mid-term outlook. The analyst stated that “2026 looks more than promising,” hinting at a broader breakout cycle that could follow once the descending resistance is finally breached.
While no price targets were given for 2026, the historical comparison implies the potential for a substantial trend reversal if XRP successfully replicates its late-2024 structure. The latest analysis continues to energize the XRP community, which has been closely watching the psychological $2.00 region as both a support and resistance battleground.
Many traders are now looking toward the $1.90 zone as the next major test before XRP attempts a larger escape from its year-long downtrend.