XRP's Monthly Chart Flags Wyckoff Distribution After Years of Failed Rallies

⬤ XRP is looking rough on the higher timeframes. The monthly chart has started to take on the shape of a classic Wyckoff distribution — a long stretch of range-bound action followed by a hard drop below support. This isn’t just a short-term pullback; we’re talking about a macro-level shift from distribution into markdown, and it’s been building for a while.

⬤ Here’s the thing — XRP spent several years stuck under a broad resistance zone, grinding out rally after rally that went nowhere. Each time price pushed toward the top of that range, it failed to hold. That’s textbook late-stage distribution: demand slowly drying up while sellers quietly offload, without any dramatic crash to tip people off. The buying interest just wasn’t there to sustain momentum.

⬤ Once the range broke, the move down was fast and decisive. This isn’t a healthy correction within an uptrend — it’s a clear shift in control from buyers to sellers. The expansion phase on the chart makes that pretty obvious. No specific downside targets are marked, but the size of the breakdown alone tells you this is serious and could drag on for a while.

⬤ Why should the broader crypto market care? Because extended distribution phases like this tend to bring prolonged volatility and uncertainty — not just for XRP, but for sentiment across large-cap digital assets. XRP’s macro structure is basically acting as a mood indicator for the space. Until there’s a convincing sign of stabilization, the bearish trend looks set to hold.