XRP is reportedly in an accumulation phase, according to crypto market analyst EtherNasyonaL's updated Wyckoff analysis. The analysis suggests that XRP's current market structure resembles its 2017 setup, but within a more mature market environment. EtherNasyonaL identified two distinct accumulation zones forming in 2024 and 2025, indicating a potential for a significant price breakout. The Wyckoff Accumulation model, as applied to XRP, outlines a projected markup phase and distribution area, suggesting the possibility of reaching higher price levels before encountering major resistance. The analyst highlighted that the technical structure this time supports a bullish outlook, moving beyond mere speculation.