$XRP As XRP continues to trade well below its cycle highs, crypto analyst JD believes the asset may be approaching a pivotal moment.

In a tweet, JD said XRP remains within a multi-year falling wedge pattern, a technical formation that many traders view as a potentially bullish setup when it eventually breaks to the upside.

Sharing a long-term XRP chart, JD highlighted a narrowing price structure that has developed over several years. According to his analysis, the pattern continues to compress as XRP trends toward the apex of the wedge. He maintained that the longer the asset remains within the formation, the more significant the eventual breakout could become.

The analyst further suggested that additional downside movement would not necessarily invalidate his outlook; instead, it could strengthen the magnitude of a future rally if certain technical conditions remain intact.

👉Focus Turns to Potential Bullish Divergence

A key part of JD’s thesis centers on the Relative Strength Index (RSI), a commonly used momentum indicator. On the chart he shared, JD pointed to the possibility of a bullish divergence forming between XRP’s price action and its RSI readings.

According to the analyst, if XRP records a lower low price while the RSI holds above its previous low, the divergence could signal weakening bearish momentum. He described such a scenario as a major catalyst for a substantial upside move.

The chart attached to his post included annotations emphasizing the developing wedge structure and a rising RSI trendline, which he believes could support the divergence thesis if price continues to decline without a corresponding drop in momentum.

👉Debate Emerges Over the RSI Interpretation

JD’s analysis prompted responses from other market participants, including X user Adel Bucetta, who questioned the forecast’s certainty.

Bucetta argued that an RSI holding above a prior low does not automatically guarantee a major breakout and that lower prices do not always precede larger upward moves. “rsi holding its prior low is not a guarantee of a big breakout, and lower price isn’t always a precursor to a larger move. this is what they don’t teach in trading books,” Bucetta commented.

JD responded, clarifying that he was discussing the possibility of a bullish divergence rather than presenting a guaranteed outcome.

Beyond the technical debate, JD expressed confidence in his broader market outlook, stating that he intends to identify major market turning points in the same way he believes he did during the previous cycle.

While XRP’s next move remains uncertain, the analyst maintains that a multi-year falling wedge and a potential bullish divergence could set the stage for a significant breakout if the pattern develops as expected.

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