Top Analyst Presents XRP Warning Signs. You Need to See This

What the Chart Is Showing

The monthly chart JD shared on X places XRP’s current price action near a long-term ascending trendline that has held as support since 2020. Price recently surged toward the 21M EMA, then reversed sharply.

In JD’s analysis, the resulting candle forms a bearish engulfing pattern, in which the red candle’s real body completely engulfs the real body of the preceding green candle.

On a monthly timeframe, that kind of structure is not something traders typically dismiss.

JD flagged it plainly: “XRP just got REJECTED the 21M EMA w/ BEARISH ENGULFING CANDLE.”

XRP just got REJECTED the 21M EMA w/BEARISH ENGULING CANDLE! 📉

Posting MAJOR UPDATE on Patreon after MONTHLY CLOSE!

MACRO BULLISH! BUT GREY/PINK BOX STILL DCA LEVEL!

A Technical Debate Follows

The exchange highlights a genuine disagreement among technical analysts over what qualifies as a confirmed bearish engulfing signal.

The Macro View Stays Bullish

Despite the warning signal on the monthly chart, JD maintains a bullish macro position on XRP. He identified the grey/pink box on the chart as a dollar-cost averaging (DCA) zone, where he considers gradual accumulation suitable for long-term positioning. The short-term caution does not override his longer-term outlook on the asset.

JD confirmed a full technical update is coming after the monthly candle closes, available exclusively to his Patreon subscribers. He also noted he is limiting available Patreon slots as demand increases.