Add as a preferred source on GoogleJD Maps XRP Falling-Wedge Scenario Toward Roughly $0.75-$0.85
His weekly chart marks a fourth bearish relative strength index cross, with the indicator at 46.77, below its 50 midpoint.
Crypto analyst JD has marked a roughly $0.75-$0.85 zone on XRP (XRP)'s weekly chart as a possible destination if bulls fail to build momentum within a multi-month falling wedge.
JD separately described the area as his next buy target if XRP reaches it. In a Thursday, Oct. 29, post on X, he wrote: “If BULLS fail to gain momentum, this MASSIVE FALLING WEDGE could send XRP into my PINK BOX!”
His chart marks three earlier declines of 50.15%, 65.94% and 31.24%, each alongside a bearish cross in the weekly relative strength index (RSI). It labels the current cross as the fourth. The RSI reading is 46.77, below its midpoint of 50.
The chart projects the wedge converging in early 2027, but JD did not give a timeline for XRP to reach the lower zone. The chart adds a lower level to JD's earlier weekly-chart warning about XRP, which focused on $1.25-$1.30 and did not identify a lower target.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.