XRP News Today: XRP Faces Bearish Shakeout as Analysts Cite 2017 Patterns and August Moon Signal

Late in 2025, the XRP market is navigating a critical phase marked by consolidation and a notable pullback after recent gains. A prominent crypto analyst known as papa has drawn comparisons between current market dynamics and the consolidation period observed in late 2017, which preceded a significant price breakout. According to the analysis shared on X, the current weekly chart pattern and RSI levels mirror those of late 2017, suggesting a potential bearish shakeout before a reversal [1].

In the 2017 chart, XRP spent weeks consolidating before breaking out above $2.70, eventually reaching a peak near $3.40. A key red candlestick in both the price and RSI charts highlighted a moment of bearish exhaustion, followed by a sharp move upward as RSI surged above 80. In the 2025 chart, XRP is currently trading at $2.77901, with RSI at 55.88 and a moving average at 56.41, echoing the conditions seen before the previous bullish phase. A blue arrow on the 2025 chart indicates an anticipated move well above $10, aligning with the historical trajectory of the asset [1].

papa also incorporates a unique timing element into the analysis, predicting a price reversal near the August full moon on August 9th. This projection, while unconventional in mainstream financial analysis, is noted in the cryptocurrency trading community as a potential signal for market sentiment shifts. The analyst describes the current downturn as a strategic “shake out,” designed to remove weaker positions before a larger upward move [1].

Community reactions to papa’s analysis have been mixed. One X user, Peperlefredo, suggested that a major news event—such as regulatory clarity or a high-profile partnership—would likely be necessary to trigger the kind of movement implied by the chart. While technical indicators and historical patterns are compelling, other factors such as macroeconomic trends, institutional activity, and broader legal developments surrounding Ripple could also influence whether the projected breakout materializes [1].

The timing of the potential reversal is particularly noteworthy. The analyst explicitly states that the current dip is expected to be short-lived, with a reversal anticipated near the August full moon. This aligns with a broader theme among some crypto traders who look for correlations between market behavior and astronomical events, although such methods remain outside traditional analytical frameworks.

In summary, XRP is currently at a pivotal juncture, with technical indicators suggesting a possible reversal and historical patterns offering a familiar narrative. Analysts are divided on the immediacy of the move, but the alignment of RSI behavior and price structure with past breakout conditions has generated cautious optimism among traders. The coming weeks will be crucial in determining whether XRP follows the path outlined by papa or encounters resistance from broader market forces.

Source:

[1] title: XRP Shake Out Before the Breakout. Analyst Predicts ...

url: https://timestabloid.com/xrp-shake-out-before-the-breakout-analyst-predicts-when-to-expect-reversal/