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XRP Shows Hidden Bullish Divergence as Weekly Chart Mirrors Past Cycles
JD’s analysis shows a hidden bullish divergence on $XRP’s weekly chart, indicating potential continuation of the long-term bullish structure.
EᴛʜᴇʀNᴀꜱʏᴏɴᴀL notes $XRP’s cyclical structure mirrors past rallies, suggesting another accumulation phase before a potential parabolic move.
John Squire reports WisdomTree’s Amendment No. 2 for an $XRP ETF, marking a key step toward institutional-grade market participation.
XRP is displaying a potential hidden bullish divergence on the weekly chart, signaling renewed optimism among traders as technical and fundamental developments align. Analysts point to converging chart patterns and an ongoing ETF filing race shaping the token’s outlook.
Hidden Bullish Divergence Signals Continuation Potential
Market analyst JD highlighted on X that XRP’s weekly structure may be forming a hidden bullish divergence. According to his analysis, earlier price action near $3.20–$3.50 formed a bearish divergence where prices rose but the RSI declined, indicating waning momentum at the peak.
Recently, XRP established a higher low around the $2.20–$2.30 region while the RSI created a lower low — a classic hidden bullish divergence. This setup often points to continuation of the prevailing uptrend, suggesting that XRP’s broader structure remains intact despite short-term volatility.
JD identified $2.02 as the key weekly support level. A close below this level would negate the divergence and expose XRP to deeper corrections. However, maintaining support above this zone could attract renewed buying interest targeting the $2.70–$3.10 range.
Cyclical Structure Mirrors Historical Pattern
Technical analyst EᴛʜᴇʀNᴀꜱʏᴏɴᴀL compared XRP’s current cycle to earlier market phases, noting strong structural similarities. Following the 2017 rally, XRP faced rejection near its 2013 all-time high before retesting earlier resistance from 2014. The token then entered a consolidation phase that preceded a major parabolic surge.
He observed a similar structure in the current cycle. After XRP’s 2024 rally, the price was rejected at the 2017 all-time high and has since retested the 2021 high, a region that previously acted as resistance. The analyst suggested that the ongoing consolidation could represent another accumulation period before a potential breakout.
This cyclical resemblance has reinforced optimism among long-term holders who view the pattern as part of XRP’s recurring market rhythm. Patience, according to the analyst, remains central in navigating the current phase.
ETF Filing Adds Institutional Context
Adding to the technical outlook, John Squire confirmed that WisdomTree has submitted Amendment No. 2 to the U.S. Securities and Exchange Commission for the “WisdomTree XRP Fund.” This update intensifies the competition to launch the first U.S. spot XRP exchange-traded fund.
An approved ETF would mark a milestone for XRP, expanding access for institutional investors and aligning it with other digital assets that have achieved regulatory listing. Market participants are closely monitoring regulatory developments as they coincide with strong technical positioning.
With technical signals aligning and institutional momentum building, XRP’s next moves will likely hinge on whether the $2.02 support holds and how the ETF landscape evolves in the coming months.
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