$XRP broke a multi-year downtrend back in Dec ’24 that was the real event.

What’s followed since then hasn’t been exciting, but it’s been constructive.

Price has spent months retesting the old 7-year resistance as support. Instead of dumping back below it, XRP has gone sideways, compressing and absorbing supply. That’s often what strong breakouts do after the headline move.

This kind of patience-testing consolidation isn’t new for XRP. A similar extended reaccumulation phase played out in 2017 before its major expansion.

Simple thesis:

Hold support → structure stays bullish

Lose it → breakout was false

No hype, no predictions just a long retest that’s still unresolved, and a chart worth keeping on the watchlist.