Been watching XRP on the monthly chart and there's something pretty interesting forming here. Analyst Ali Martinez just highlighted how this thing has been trapped in an ascending triangle pattern since 2017 - that's 9 years of consolidation we're talking about.

For those not deep in TA, an ascending triangle is basically when price bounces between two converging trendlines. The upper line stays flat (that's your resistance), while the lower one keeps climbing (your support). It's one of those patterns that tends to set up some serious moves when it finally breaks.

So here's the setup: XRP hit that upper resistance back in August 2025, got rejected, and has been gradually sliding back down the channel ever since. The pattern has been consistent - rejection, retracement to support, repeat. Over and over since 2017.

Martinez is calling the $0.75-$0.80 zone the 'ultimate' buy-the-dip level before this triangle hits its apex. Makes sense because the closer price gets to where these trendlines converge, the higher the probability of a breakout. And here's the kicker - ascending triangles are typically bullish continuation patterns. When one of these finally breaks after 9 years, the move tends to be absolutely massive.

XRP is currently sitting around $1.37, down about 4% this week. If the pattern holds and we see that retest of the lower support zone, that could be your setup for the next real bull market move. The fact that we're talking about a 9-year consolidation is wild - when that much time compresses into a breakout, it usually goes hard.

Not saying it's guaranteed, but if this pattern repeats like it has for nearly a decade, we could be looking at something significant brewing. Worth keeping an eye on how price respects those levels over the coming months.