XRP / TetherUS
Education

The XRP chart is like from a textbook! Wyckoff tutorial

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Welcome! When finance professionals are watching, you can expect solid analytics and real education.
Today we’re going to break down Wyckoff market cycles using the XRP chart in real time.

Wyckoff cycles are not just theory - they are an established concept that works in all markets. This is a model of price behavior based on the actions of large players ("smart money"). It shows how professionals accumulate positions, drive the market, and distribute assets, creating repeating phases of growth and decline.

Any market moves cyclically. Wyckoff identified two major cycles:

Bull market cycle (Accumulation → Markup → Distribution → Markdown)
Bear market cycle (the mirror reflection of the first)
Each cycle consists of four phases:

-Accumulation
-Markup (Growth)
-Distributio
-Markdown (Decline)

Phase 1. Accumulation

This is the phase when "smart money" buys the asset in large volumes while trying not to push the price too high. Conditions are created where regular market participants do not want to buy the asset, and may even sell it near market lows. Usually during this period there is bad news, lack of confidence, etc. Large players quietly buy up all this negativity.

Phase 2. Markup (Growth)
An impulsive upward movement begins - a trend that everyone notices when it is already too late. The crowd starts to wake up and enters the market at high prices.

Phase 3. Distribution
The price again enters a trading range, but now major participants sell their positions to retail traders who come in euphoric after the rise. Usually, the news is excellent here, everyone expects further growth, there is general euphoria, people load into the asset to the maximum while large players quietly unload their positions.

Phase 4. Markdown (Decline)
Professionals have sold everything they wanted, and now the market goes down almost without resistance. Retail - back to the factory.
Note
snapshot

If we look more closely at the distribution that is currently taking place on the asset, there is a possibility of a higher high. This is because there are two types of distribution schematics — with UTAD (the final manipulation) and without it.
I have added both schematics to the chart along with two potential scenarios.
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