XRP Traders ‘Exhausted’ As Breakout Nears<\/h2>\n
XForceGlobal positioned the structure as a corrective phase within a larger bullish sequence, describing the market as forming a new floor rather than breaking down. \u201cThis is where the buyers and sellers enter a Mexican standoff with each other, creating a new price floor,\u201d he said, adding that the sideways feel is the point: \u201cThey\u2019re not designed to go anywhere, basically. And the markets naturally alternate between expansion and compression.\u201d<\/p>\n
The analyst emphasized the psychological aspect of prolonged consolidation, arguing that flats tend to \u201celiminate even the leverage traders through time rather than price\u201d by exhausting both sides. \u201cBy the time the flat actually resolves, which is very close, in my opinion, most traders are emotionally already exhausted,\u201d he said. \u201cPositioning has been pretty much neutralized, and the path for continuation, to me, becomes very clear.\u201d<\/p>\n
![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Screenshot-2026-01-23-074030.png?resize=1024%2C651\")
<\/p>\n
In Elliott Wave terms, XForceGlobal described the flat as a three-part A-B-C structure, with waves A and B unfolding as corrective \u201cthree-wave\u201d moves and wave C completing as an impulsive \u201cfive-wave\u201d move. He argued that this final phase is the moment the market stops drifting and forces a resolution.<\/p>\n
\u201cWave C must be impulsive because it represents the resolution of the balance that we have for waves A and B,\u201d he said. \u201cIt\u2019s not the continuation of a larger structure to the downside.\u201d He framed impulsiveness as behavioral rather than directional, attributing it to urgency and follow-through once one side \u201cdecisively gives up,\u201d clearing out the range that built during the earlier legs.<\/p>\n
That distinction matters for positioning, because his base case anticipates one more decisive shakeout before a move higher. He said the market is currently in an \u201cexpanded flat\u201d configuration where wave B pushed above the prior high, and he expects a break of local structure \u201conce\u201d before the market turns up. He highlighted $1.70 as a prior low that could be undercut as part of the process without invalidating the larger setup, so long as broader support holds.<\/p>\n
XForceGlobal\u2019s post leaned heavily on conviction built over time\u2014\u201cI didn\u2019t spend 2,000+ days accumulating XRP for no reason!\u201d\u2014while also stressing that he has already taken some profit. In the transcript, he said he \u201cpersonally took some profits around the $2.70 level\u201d and would continue to \u201csell into strength.\u201d<\/p>\n
On upside expectations, he called for higher levels \u201cin this current cycle,\u201d tying potential targets to the duration of the consolidation. \u201cThe longer that we distribute here, the higher the targets are going to be,\u201d he said, adding that \u201ca minimum of a $6 range all the way up to even the $14 range is my personal target.\u201d<\/p>\n
He also flagged conditions that would change the trade management. If the market shows \u201cred flags\u201d and breaks further structure than he expects, he suggested that is where risk management should take priority.<\/p>\n
For XRP traders, the practical takeaway from his framework is timing and path, not direction: a final, forceful leg lower could still be consistent with a bullish continuation thesis while a deeper structural breakdown would challenge it.<\/p>\n
At press time, XRP traded at $1.91.<\/p>\n
![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/XRPUSDT_2026-01-23_09-16-11.png?resize=1024%2C499\")
<\/p>\n","protected":false},"excerpt":{"rendered":"
Certified Elliott Wave analyst XForceGlobal (@XForceGlobal) told followers on X that \u201c$5+ remains on the horizon,\u201d arguing that the token\u2019s past year of range-bound trading is validating an Elliott Wave \u201cflat\u201d correction that typically resolves with a sharp, final move before a continuation higher. In a 10-minute video shared alongside the post, the analyst framed…<\/p>\n","protected":false},"author":1,"featured_media":9669,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[40,46,47,147,149],"class_list":["post-9668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=9668"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/9668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/9669"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=9668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=9668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=9668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}