XRP needs to push past $1.51 before any real breakout becomes possible, 
according to market commentator Matt Hughes — and one analyst thinks that 
moment could arrive this week, but not before the market knocks out the 
weakest holders first. A Pattern Years In The Making MichaelXBT, a widely 
followed crypto analyst, says XRP has spent months forming a falling wedge on 
its weekly chart — a structure that typically points toward an upside move 
once price breaks above the upper boundary. Related Reading: Zcash Soars 88% 
In 30 Days: Is ZEC The Stealth Winner Of This Crypto Cycle? The coin has been 
trapped in this pattern since July 2025, when it peaked at $3.66. Since then 
it has shed about 60%, landing near $1.37 amid a broader market selloff that 
took hold in October of that year. The upper boundary of the wedge stopped XRP 
cold multiple times. Attempts near $3 in late 2025 failed. A January 2026 push 
stalled at $2.41. Now, with price pressing into the narrowest part of the 
structure, MichaelXBT believes the next move &#8211; the &#8220;shakeout&#8221; &#8211; is close. XRP 
will shake you out this week. Then the breakout will begin. This is by design. 
They want the masses out. pic.twitter.com/wjtT3JRxDL — Crypto Michael 
(@MichaelXBT) May 20, 2026 What A Falling Wedge Signals A falling wedge forms 
when price slides between two downward-sloping lines that gradually narrow. 
Selling pressure tends to weaken as the pattern develops. When price finally 
breaks above the upper line, it often triggers a sharp move to the upside. 
That upper line currently sits around the $1.50 to $1.51 price range for XRP — 
a level Hughes described as the threshold the asset must clear before a 
breakout can be confirmed. XRP has not managed a clean close above that area. 
The pattern, by itself, does not guarantee a rally. But analysts who track 
this structure say the position of price at the apex — the tip of the wedge — 
tends to force a decision in one direction or the other. The Shakeout Before 
The Move MichaelXBT&#8217;s warning is less about the breakout itself and more about 
what happens right before it. He says the market is likely to push XRP lower 
first, flushing out holders who lack conviction. That kind of move, in his 
view, is deliberate — designed to clear retail investors before the main move 
begins. Other analysts raised a similar concern in March, arguing that the 
next major price action could break the resolve of most ordinary XRP buyers. 
Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive 
Order Whether that shakeout plays out as predicted this week is anyone&#8217;s 
guess. For now, XRP sits at a crossroads, pressed against a structure that has 
been building for nearly a year. Featured image from Unsplash, chart from 
TradingView

XRP needs to push past $1.51 before any real breakout becomes possible, according to market commentator Matt Hughes — and one analyst thinks that moment could arrive this week, but not before the market knocks out the weakest holders first. A Pattern Years In The Making MichaelXBT, a widely followed crypto analyst, says XRP has &#8230;

Analyst Warns XRP Could ‘Shake Out’ Traders Before Major Breakout

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Analyst Warns XRP Could ‘Shake Out’ Traders Before Major Breakout

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