The upcoming Markup phase of the Wyckoff schematic is expected to bring significant price appreciation for Ripple (XRP) holders. This phase, characterized by rising prices and strong demand, often leads to a sharp increase in asset prices. Traders can position themselves to benefit from this momentum by understanding the dynamics of the Markup phase. The Wyckoff market cycle outlines how price movements behave, and savvy investors use this model to identify market direction and track the activities of large investors. The Markup phase follows the accumulation phase, where institutional investors start buying assets and drive prices upward. During the Markup phase, prices break through resistance and enter a sustained upward trend, with brief interruptions in the form of small consolidations. The cycle concludes with the start of a new accumulation phase. Despite the Ripple v. SEC lawsuit, XRP's value remains resilient and driven mainly by technical factors. Investors who have patience and awareness of market cycles may see significant rewards as XRP approaches the Markup phase.



Other News from Today