XRP: The Waiting Game. Is a Breakout Brewing, or Just More Hype?
XRP has been a snooze-fest. For weeks, it’s tested even the most patient holders. Down 18% last month, nearly 4% in just 24 hours. The price has been stuck, boring, and utterly devoid of momentum.
But hold on. Something’s shifting in the background, and it might just be the quiet before a storm. Or, you know, just more quiet.
Big Holders Are Cooling It
Long-term XRP holders are usually the rock. They sell, sure, but steadily. Lately? They’ve slammed the brakes. Glassnode data shows a near 50% drop in their selling between December 3 and December 10. That’s a serious pullback from 101 million XRP to just 51 million. They’re still moving tokens, but the frantic pace? Gone.
Even the Quick-Flippers Are Backing Off
It’s not just the OGs. The short-term crowd – the ones who usually kill any rally before it starts – are also pulling back their supply. This is big. The 24-hour cohort’s control of the circulating supply plummeted from 1.89% on December 2 to a measly -0.22% by December 10. That’s a steep dive, signaling less quick-trigger selling pressure.
The $27 XRP Dream: Deja Vu or Delusion?
Now for the juicy part. Some analysts are pointing to a chart that screams “2017 breakout.” You remember 2017, right? XRP went parabolic.
One analyst on X (formerly Twitter) posted a chart claiming XRP is “screaming” towards $27. Yes, $27. Why? Because the current setup looks almost identical to its pre-2017 rally.
- Back then (2015-2017), XRP moved through an ABC correction in a demand zone, then exploded.
- Today (2023-2025), the chart shows the same ABC pattern forming again.
- XRP has pulled into the 0.382–0.5 Fibonacci demand zone and is pushing higher.
The chart shows a clean move out of that zone, hinting at fresh buying. If history repeats, and that’s a HUGE “if,” then XRP could be entering another macro expansion phase. The technical projections on this chart hint at $27.57.
Is it hopium? Maybe. Is it a sign to watch? Absolutely. XRP might finally be shaking off its slump, but this market loves to keep us guessing.
