XRP Consolidation Could Precede Major Upswing

[lingriiddd]

XRP’s consolidation around $1.80–$2 mirrors past cycles in 2017 and 2022, where sideways action lasted years before explosive gains. Analysts suggest the next wave could push XRP to $11, with a longer-term target of $70 if the pattern repeats.

Key onchain indicators support this thesis:

NUPL has entered “capitulation zone,” typical for cycle bottoms.

MVRV at 1.23 signals undervaluation vs past peaks of 14.73 (2017) and 3.9 (2021).

The takeaway: XRP may consolidate further, giving buyers a prime accumulation window before a potential bull run.

[etfs]

basically just gotta watch support at $1.78–$2 and stack slowly, let the charts do the talking