XRP is sitting at a critical crossroads on both the monthly and daily charts, and two high-profile analysts — The Great Mattsby (Matt Hughes) and Charting Guy (@ChartingGuy) — say the token’s current structure looks like a classic volatility-compression setup that could break higher if key high-timeframe supports hold. Mattsby: squeezed Bollingers, 20-month MA bounce and “explosive” upside Mattsby’s read centers on the monthly chart where XRP appears to have defended a long-term trend pivot and is now “coiling” for a directional expansion. He points to a textbook bounce off the 20-month moving average and a materially tightened Bollinger Band envelope, conditions he links to an “explosive” follow-through once the squeeze resolves. Mattsby also notes the surprising level of bearishness at what he calls major high-timeframe support. Key monthly data Mattsby highlighted: - Current price displayed on the monthly: roughly $2.08629 - Bollinger basis: ~ $1.89623 - Bollinger upper band: ~ $3.57705 - Bollinger lower band: ~ $0.21541 Mattsby frames the setup in historical context, comparing the current consolidation to XRP’s 2017 cycle: long sideways consolidation that touched the 20-month MA and then transitioned into a strong markup. He also references the October 10 liquidation event that briefly pierced the 20-month MA; since then, XRP has consolidated above it. If that structure holds, the immediate upside reference from the monthly chart is the Bollinger upper band near $3.58 — a return to the top of the current volatility envelope rather than an unlimited target. Charting Guy: Wyckoff re-accumulation, stepwise upside to $8 On the daily chart, Charting Guy overlays a Wyckoff-style roadmap and interprets the sequence as a re-accumulation phase that can transition into a markup. In his view, the area around ~$2.08 (the current print and a blue horizontal on his chart) is the immediate gatekeeper — not yet a comfortable support but a level XRP needs to reclaim decisively and hold on retests to validate the bullish thesis. His scenario walks through a classic Wyckoff sequence: - Rally toward the descending channel’s upper trendline (the “creek”). - A controlled pullback or “test” to confirm demand — a brief dip under $2.08 is acceptable. - LPS (Last Point of Support): form a higher low that shows supply is being absorbed. - JATC (Jump Across the Creek): a clean breakout through the channel. - SOS (Sign of Strength): follow-through toward the next horizontal resistance around ~$3.40. - After another LPS under ~$3.40, the final markup leg targets the ~$8 zone. Charting Guy stresses these outcomes are conditional on sequential level-flips: first reclaim and hold ~$2.08, then clear the descending channel, then beat the ~$3.40 ceiling — only after those flips does the path toward ~$8 become plausible. He added the price action is “following perfectly” along this projected path so far. What to watch - Monthly pivot: 20-month MA and the Bollinger squeeze; upside reference ~ $3.58. - Daily gatekeeper: $2.08 — needs decisive reclamation and successful retests. - Wyckoff roadmap: test → LPS → JATC → SOS → resistance at ~$3.40 → final markup toward ~$8 (conditional). At the time of reporting, XRP was trading around $2.13. Read more AI-generated news on: undefined/news

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