XRP has spent the session holding a lower range beneath the $1.50 support level it lost, and the tape around the breakdown has stayed quiet rather than disorderly. The XRP price sits near $1.41, about 3% lower over the past 24 hours and only 0.3% below where it stood when the newest reading crossed at 03:50 UTC on Oct. 8, 2026.

The chart mapping comes from Bluntz, a pseudonymous analyst known on X (Twitter) for pattern-based technical commentary, who frames the setup as a 2017-style Adam and Eve base completing below the $1.50 threshold. In chartist terminology, a base "completing" describes the structure reaching the final stages of its defined shape — a reading of form, not a statement about direction.

The Adam and Eve formation is a well-documented double-bottom structure in classical technical analysis. It consists of a sharp, V-shaped first low — Adam — followed by a rounder, more gradual second low — Eve — at a broadly similar level. Chartists have long used the pattern to describe the shape of market bottoms following extended declines, with the interim high between the two lows — often called the neckline — serving as a common reference level in how the structure is discussed.

In Bluntz's reading, the current XRP structure mirrors the base that formed in 2017, with trading beneath the lost $1.50 support so far unfolding in an orderly rather than erratic manner. Under that framing, the calm tape is what keeps the 2017 comparison operative, since a disorderly breakdown would alter the shape the mapping depends on. For readers tracking the setup, the observable markers are the $1.50 threshold itself, how price behaves around the two lows that define the pattern, and whether the orderly conditions persist as the base is described as completing.

This content was first published on COINOTAG: https://en.coinotag.com/xrp-below-1-50-bluntz-2017-adam-and-eve-base