### Current Wyckoff Phase: Phase D
The price action on the chart strongly suggests that XRP is in **Phase D of a Wyckoff re-accumulation cycle**.
* **Phase A & B:** The period from mid-July to late September, characterized by volatile price swings within a narrowing range, served to stop the prior uptrend and build a "cause" for the next move.
* **Phase C:** The dip in late September can be seen as the "Spring," where the price briefly dropped to shake out weak hands before being quickly reclaimed.
* **Phase D:** The current price action is the most critical. XRP has broken out of the multi-month descending trendline, which is a clear **Sign of Strength (SOS)**. It is now in a pullback phase, testing the broken trendline as new support. A successful hold here would confirm the transition to a markup phase (Phase E).
The price action on the chart strongly suggests that XRP is in **Phase D of a Wyckoff re-accumulation cycle**.
* **Phase A & B:** The period from mid-July to late September, characterized by volatile price swings within a narrowing range, served to stop the prior uptrend and build a "cause" for the next move.
* **Phase C:** The dip in late September can be seen as the "Spring," where the price briefly dropped to shake out weak hands before being quickly reclaimed.
* **Phase D:** The current price action is the most critical. XRP has broken out of the multi-month descending trendline, which is a clear **Sign of Strength (SOS)**. It is now in a pullback phase, testing the broken trendline as new support. A successful hold here would confirm the transition to a markup phase (Phase E).
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.