The analysis focuses on XRP's weekly time frame, indicating that each candlestick represents one week. The presenter has removed candlestick wicks for clarity, focusing on candlestick closes. The analysis begins by looking back to 2017, where a similar upward resistance line and downward support line compressed XRP's price, leading to a breakout after roughly 294 days. Similarly, in 2020, an upward support and downward resistance led to price compression and higher highs, with a breakout occurring in November after around 238 days. The current price action in 2025 mirrors this pattern, with price compression between upward support and downward resistance. XRP has been trading within the pattern for 210 days so far, which is less that previous periods. Momentum indicators like the EMA ribbons show XRP holding above the weekly ribbons, indicative of an uptrend. Per the weekly stochastic RSI, which measures if price is overbought or oversold, XRP is in oversold territory. Also, XRP flipped the resistance from 2021 into a support in 2025, so the analyst is very bullish expecting volatility.