Crypto analyst JD (@jaydee_757) has highlighted a technical pattern on XRP’s chart that features an ascending triangle breakout, a subsequent retest of that breakout boundary, and the emergence of a bullish engulfing candle directly at that critical level.
Sharing the chart online, JD stated: “If this holds, BREAKOUT CONTINUATION could be NEXT!”
The Ascending Triangle Breakout
The chart evaluates XRP’s market capitalization across a monthly timeframe tracing back to 2018. It displays a rising trendline connecting a sequence of multi-year higher lows alongside a flat horizontal resistance ceiling positioned near $104 billion.
This forms an ascending triangle. Late 2024 saw XRP’s market capitalization push past that horizontal resistance following a surge exceeding 500%. This upward trajectory continued into early 2025, driving the market cap toward $180 billion prior to a retracement.
Beginning in July 2025, a pullback pushed the market cap back down toward the breakout area, which has since transitioned into support, marking the retest phase. According to the inset diagram, the process is categorized into distinct stages: horizontal resistance, higher lows, breakout, retest, and breakout continuation. XRP’s current price action rests in the fourth stage.
#XRP IS SETTING UP FOR SOMETHING MASSIVE!
ASCENDING TRIANGLE BREAKOUT + RETEST!Now a BULLISH ENGULFING candle is forming right at the retest!
If this holds, BREAKOUT CONTINUATION could be NEXT!
HUGE XRP UPDATE on Patreon after MONTHLY CLOSE!
LETS GET RICHER!… pic.twitter.com/3ilVkVypV2
— JD
(@jaydee_757) September 28, 2026
The Bullish Engulfing Signal
Within the retest zone, JD’s chart points out a bullish engulfing candle taking shape on the monthly close. This pattern occurs when a green candle completely engulfs the body of the preceding red candle, indicating that buyers have seized momentum.
The bottom-right inset image details this formation. With JD closely monitoring the monthly close, the bullish engulfing setup is developing adjacent to the rising trendline support near the retest area, providing additional technical significance to the signal.
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Supporting the Bullish Outlook
JD’s latest chart analysis builds upon a prior history of notable XRP predictions. As reported previously by TimesTabloid, JD successfully pinpointed $3.37 as the peak for XRP before the cryptocurrency experienced a 73% correction down to $1.01. He also accurately flagged $1.25 as an essential support level during that downturn and suggested the bottom may have been reached after XRP printed a higher high.
Previously, he identified a breakout from a multi-year symmetrical triangle as the initial primary indicator, which was followed by a falling wedge correction. Anticipating a sharp upward rally, he previously remarked that the breakout could provide enough gains to retire his entire family, while looking toward a bounce from the support zone to drive XRP back to its all-time high of $3.65.