THE LATEST CRYPTO NEWS

User Models

Active Filters
# xrp technical analysis
#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

Independent market technician EGRAG CRYPTO posted an updated weekly XRP/USD chart on X. The visual, built on Bitfinex data, frames the entire post-July 2024 advance by XRP as the flag-pole of a classic bull-flag continuation pattern and argues that the subsequent ten-week drift has traced out a near-textbook, downward-slanted consolidation channel whose upper and lower rails are highlighted in magenta. XRP Poised For Breakout “The success rate of breaking upwards is around 67–70 percent,” the analyst writes, citing bulk pattern-recognition studies that underpin the set-up’s statistical edge. XRP is trading near $2.30, a value marked on the chart by a blue dotted horizontal line intersecting the body of the flag. Related Reading: XRP To $12: Analyst Reveals What Could Trigger The Breakout Beneath that, a white line at $1.50 records the late-2024 breakout shelf that now functions as first higher-time-frame support, while a deeper red horizontal at roughly $0.60 flags the base from which the current cycle began. Threading up through the entire structure is a rising yellow moving average—visually consistent with the 20-week EMA (currently at $2.21)—underscoring what Egrag calls the market’s “still-positive long-term trend bias.” From that foundation the technician derives three measured-move objectives. “For long-term breakouts I prefer logarithmic charts, especially in crypto, because of its exponential growth over short periods,” he explained. On that basis a log-scale projection extrapolates the full height of the flag-pole and lands at $18.00. A linear projection, which treats each dollar of advance equally, prints a markedly lower $5.50. Taking what he describes as a “liquidity-adjusted average — my preferred method for crypto targets,” Egrag settles on $11.75. Related Reading: Analyst Shows 3-Cycle Ride For XRP Price To Reach $46 Because digital-asset order books remain relatively thin, the analyst overlays a variability band of fifteen to twenty percent, stretching the log target to roughly $20.70–$21.60, the average to $13.51–$14.10 and the linear to $6.33–$6.60. “I usually apply a 15–20 percent variability because crypto liquidity is still smaller compared to legacy markets, so targets can extend both ways,” he cautioned. A disclaimer printed directly on the graphic reiterates that the numbers and targets are “for simulation purposes only and not financial advice.” Even so, the roadmap is clear for Egrag: so long as XRP defends the mid-flag zone near $2.30 and, critically, the structural pivot at $1.50, the technician contends that an eventual breakout could vault the token into double-digit territory, with the headline log objective sitting just beneath the psychologically resonant $20 handle. At press time, XRP traded at $2.28, still hovering just below the upper trendline of the bull flag. A close above the resistance could accelerate the XRP price quickly towards the 0.5 and 0.618 Fibonacci retracement levels at $2.50 and $2.71 respectively. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

The latest webcast from the market commentator known as Crypto Insight UK centres on a single contention: the technical and fundamental backdrop for XRP now mirrors the pre-euphoric set-ups that propelled the token from $0.50 to $2.70 in four weeks during 2021, and it could drive a surge “towards eight, nine, ten, eleven, twelve dollars in the very short term.” When Will XRP Hit $12? The analyst began with Bitcoin, because “Bitcoin price action correlates [with] the rest of the market, at least at the minute, before we start to see dominance breakdown.” Last week’s candle, he notes, was the highest weekly close ever recorded by the benchmark asset, yet—critically—the weekly relative-strength index has not entered the overbought zone. In prior cycles, the RSI’s passage into that territory “is when we start to get this mania push-up” that drags alt-coins with it. XRP’s own history is invoked as corroboration: “When we got the weekly into the overbought, that’s when we went from fifty-cent up to $2.70 in the space of like four weeks.” The analyst then drills into order-book heat-maps. Above Bitcoin price lies what he calls a “dense liquidity” cluster, most prominent around $130,000. A matching reservoir sits below, first at $100,000 and then at $93,000. “If we get a pull-back into this $100K level, I will start to heavily position in leverage in altcoins,” he tells viewers, adding that a deeper flush to $93,000 would see him “continue to add to my positions.” Related Reading: XRP Sees Wave Of Inflows: 70% Of Realized Cap Now New Money The market, he argues, is trapped in a self-reinforcing liquidity cycle: each test of overhead supply squeezes shorts, price consolidates, fresh liquidity builds at the new ceiling, and the pattern repeats until a catalyst—a macro loosening of money, a geopolitical shock, or a technical breakout—propels Bitcoin into the next tranche. A sustained move through $130,000, he contends, would likely be that catalyst and would “probably” mark the formal start of alt-season. XRP’s chart is examined through a similar lens. Price has pushed out of what he labels a Wyckoff accumulation range, broken structure to the upside, and is now “finding support on previous resistance” inside a broad bull-flag. On the weekly ratios—XRP/Bitcoin, XRP/Ether and XRP dominance—momentum is quietly inflecting: “We’re starting to get bullish divergences, which is where we see higher lows on the RSI and lower lows in price action … it’s telling us the sellers are running out of steam.” He identifies a descending trend-line capping the consolidation; once that line breaks, he anticipates “an aggressive move back to the upside for XRP.” XRP Price Catalysts The webcast’s second movement shifts from charts to narrative catalysts. Here the analyst reels off a series of developments he regards as unusually synchronous. Reece Merrick, Ripple’s managing director for the Middle East and Africa, has just unveiled a partnership with the Dubai Land Department that tokenises real-estate title deeds on the XRP Ledger, a choice the press release describes as grounded in the chain’s “decade-long reliability.” Related Reading: Analyst Shows 3-Cycle Ride For XRP Price To Reach $46 Ripple has closed its acquisition of Hidden Road, a prime brokerage whose name appears in DTCC documentation that references both XRP and XLM for cross-chain settlement. The firm, he reminds viewers, also holds “the full crypto payments license and settlement ability in Dubai.” Speculation that Ripple might purchase Circle—the issuer of USDC—for about $11 billion, though unconfirmed, is folded into the same bullish mosaic, as is the launch of Ripple’s own RLUSD stablecoin and talk of a looming XRP spot-ETF. Brad Garlinghouse himself, the analyst notes, chose ETFs as the single topic for last Thursday’s edition of Ripple’s “Crypto in a Minute,” having already mused on a podcast that an approval could arrive in July. In Washington, the analyst is watching for passage of the GENIUS stablecoin bill, timing he calls “very convenient” for RLUSD. Even the on-going SEC litigation—Judge Analisa Torres recently rejected the agency’s procedural bid to bring the penalty phase to a close—is framed not as a hindrance but as a potential upside catalyst once resolved. Taken together, he argues, these technical and narrative strands form a spring: “What I’m basically trying to set you up for here, guys, is a succession of positive narratives that will squeeze XRP’s price higher as we move into price discovery.” Yet his crescendo is tempered by disciplined risk management. He illustrates the peril of euphoria with hypothetical road-maps: Bitcoin might gallop to $150,000 or $170,000 and then recoil 18%; altcoins could shed twice that. Under one XRP scenario, an advance to $12 is followed by a 64% retracement to $4.50. “Take some money off the table,” he urges, because unrealised gains “aren’t good for anybody.” Profits banked at interim targets equip the trader both to enjoy further upside and to “reallocate if we get a pull-back.” At press time, XRP traded at $2.30. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price prediction #xrp price analysis #xrp technical analysis

As Bitcoin extends its parabolic climb past $110,000, a closely followed crypto analyst is sounding the alarm for what could be XRP’s most explosive breakout in years. 470% XRP Rally Reloaded? In a market breakdown published on May 22, Cryptoinsightuk (@Cryptoinsightuk)—who has been tracking inverse correlations between the dollar index (DXY) and Bitcoin—told followers that XRP is approaching a critical moment in its historical pattern. Drawing on technical signals and liquidity metrics, the analyst argued that XRP could replicate its late 2020-style breakout, which saw a 470% rally in just 28 days. “Bitcoin is at all-time highs,” he said at the start of the video. “Now we need to lock in because where things could get really exciting is what’s next.” His focus quickly shifted to XRP, which he believes is tracing a setup eerily similar to a period that preceded its 5x surge. The analyst highlighted a “substantial break of the range” on XRP’s chart that historically has marked the start of altseason. “This is the area where XRP outperformed the market,” he noted, referring to a 28-day span starting November 5 during which XRP surged from $0.50 to over $2.70. Related Reading: XRP Price To See 64,000% Rally To $1,700? Analysts Reveal End Of Year Predictions He pointed out that XRP’s historical outperformance came immediately after Bitcoin made a clean break above resistance, and critically, during a sharp decline in Bitcoin dominance—a metric that tracks Bitcoin’s share of the total crypto market cap. “This was the drop that saw XRP move up from 50 cents to $2.70, and then continue to $3.30,” he said. “Now we’re watching for signs of that again.” According to the analysis, XRP’s bullish potential hinges on a few key technical signals aligning. First, he noted a possible bullish divergence forming on the RSI (Relative Strength Index) of the XRP/ETH and XRP/BTC pairs, which could suggest that bearish momentum is fading even as price pulls back. “It’s essentially showing that even though price is going lower, momentum is not there to the downside,” he explained. Related Reading: Massive XRP Selling Pressure Is Stalling Price Action, Analyst Warns The analyst also emphasized the importance of daily closes above certain resistance levels, particularly $2.43 and $2.60, to confirm the start of a renewed uptrend. “That would be a nice daily close… and then we’re targeting $2.60. If we break above that, we’re confirming a new higher high, higher low structure,” he said, adding that the next major resistance lies between $3.40 and $3.00—beyond which, price discovery could begin. Altcoin Season Incoming Beyond XRP, he warned that broader market dynamics also support a shift into altcoins. “What we’ve seen is more and more people trying to short local tops. That takes us higher,” he explained. He cited rising short positions above current price levels as evidence of “pain liquidity”—a squeeze dynamic that could force price action sharply upward. While the rally has begun with Bitcoin, he believes altcoins are poised to follow, with Ethereum already showing signs of rotation. “We want Bitcoin dominance to kind of hold while price moves up,” he said, “and then for liquidity to rotate into altcoins.” Still, Cryptoinsightuk urged caution. “It’s a day to be excited, not a day to rush into trades,” he said. “This is why I’ve been screaming all year to buy the dip,” he added, “whether in XRP, ENA or whatever you want. The setup is here.” At press time, XRP traded at $2.445. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

XRP’s latest rally attempt has stalled just beneath a key volume-weighted average price (VWAP) level that traces back to the asset’s all-time high, according to a market update published on X earlier today by independent trader Dom (@traderview2). XRP Selling Pressure Is Capping Price Gains The 12-hour Binance chart shared by the analyst shows XRP/USDT changing hands at $2.4375 at 12:18 UTC-4, up 2.08 % on the session but still unable to reclaim what Dom labels the “ATH VWAP”—a long-term metric drawn from the April 2021 peak. A green band representing that average is currently drifting downward through ≈ $2.47, capping every intraday advance since mid-May. Beneath the price action, the seller’s footprint is unmistakable. “There’s simply been an overload of market selling and passive buyers have really tried their best to hold it up so far,” Dom wrote, citing proprietary order-flow statistics that record a net outflow of 240 million XRP across spot venues in the past week. Roughly 180 million of those units were allegedly dumped on Coinbase and South Korean exchange Upbit, while Binance has actually been decently flat, the post adds. Related Reading: Pundit Says XRP Price Will Stabilize At $1,000 And Become ‘Very Expensive’ The same chart plots two shorter-term anchored VWAPs that have become the coin’s last line of near-term support: a one-month rolling VWAP at $2.31, currently 5.22% below the session high (orange), and a three-month VWAP at $2.28, 6.40 % lower (cyan). XRP is “hanging on to the monthly and quarterly VWAP by a thread,” Dom warns. A decisive breach of those bands around $2.31–2.33 would leave the market “really just mid-range noise until … $2.20 is lost,” he adds, pointing to the December–February midpoint drawn on the left-hand volume profile. Related Reading: ‘What If XRP Is The Next Bitcoin?’ Says Dave Portnoy While Bitcoin has been “really just bouncing around” in a broad consolidation zone, the correlation has offered little relief to XRP bulls. Every minor rise in BTC has been met by fresh spot offers in XRP, underscoring what Dom calls the “very hard to see upward moves when we are seeing this type of market selling pressure.” For now, the technical chessboard is clear: reclaim the ATH VWAP and the path opens toward the late-March swing high above $3.00; lose $2.20 and the door swings the other way, toward the confluence of high-volume nodes stacked below $2.00. Until one of those barriers gives, the analyst concludes, XRP “has lost its pep in its step” and remains caught in a tug-of-war between relentless spot sellers and a thinning layer of passive bids. At press time, XRP traded at $2.36. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

Independent market technician Dom (@traderview2) has drawn the crypto community’s eye to an unconventional but increasingly watched ratio: XRP priced in West Texas Intermediate crude. The Link Between XRP And USOIL In a two-hour TradingView screenshot posted on 14 May, the analyst shows the XRP/USOIL pair fading—twice—in the exact same resistance shelf that has capped price action since mid-December. “Last night we tapped the five-month range high again and price rejected perfectly,” he wrote, adding that “it’s amazing how much we are respecting this level as it gives a clear zone bulls need to fully regain for the next impulse higher.” Since December last year, the XRP price has been hammered down six times in the exact same resistance area. On May 13, Dom wrote: “ Could you ask for a cleaner range? This chart should be in a textbook… We know the importance of this range high. If it breaks, the probability $XRP goes to a new ATH goes up drastically. We know what happened right after BTC / USOIL hit it’s ATH 2 weeks ago, I would expect something similar here. Patience, this needs steam to breakout here.” Related Reading: XRP Surges Past Neckline—Analyst Projects Rally To $3.57 That ceiling is circumscribed on Dom’s chart by a charcoal-grey block from roughly 0.0418 to 0.0430. Each of the last two probes into the band—one during Asian trade on 12 May, the second during the New-York session on 14 May—produced sharp downside wicks. Momentum, moreover, is flowing against heavy sell pressure in the spot token. Citing on-chain order-flow analytics, Dom highlighted that “$210 million of XRP has been net-market-sold over the past seven days—despite this, XRP is up twenty percent.” He argues that such divergence implies absorption by professional liquidity providers rather than retail exuberance: “Market makers or whales are likely soaking up aggressive asks through passive limit bids. When that dynamic persists, it usually precedes an explosive upside once sellers exhaust themselves.” Community members quickly asked what a definitive breakout could portend for XRP priced in dollars. One follower, The Standard (@Xrpdemon589), pressed: “Would you say if it breaks it, it will have another parabolic move up breaking ATH?” Dom responded, “If we see a full breakout, historically yes, it’s only time until XRP/USD prints a new high.” Related Reading: XRP Price Prediction: $36 Is In The Cards As 3-Month Timeframe Turns Bullish? Crypto commentator Moon Lambo (@MoonLamboio) queried the intellectual basis for linking an energy-based ratio to the standalone token. Dom conceded no fundamental thesis is proven, but stressed the analytical utility: “I really just think it provides another perspective of price action when we peg it to something deeply woven into the economic system. I don’t think there is any specific relationship—rather, it’s useful to see things you wouldn’t otherwise see on the USD pair.” Technically, the map is binary. Dom reiterated that he has “alerts set for a full breakout” above 0.0418–0.0430; any two-hour close in that region would, in his view, constitute decisive range expansion and “give bulls the runway for the next impulse higher.” Should buyers instead relinquish the amber pivot at 0.0394, the door reopens to 0.0378 minor support, with a break there exposing the 0.0357 floor and negating the current series of higher lows. Until either boundary yields, XRP/USOIL remains in its five-month box, but the very act of watching the pair, Dom contends, sharpens traders’ macro lens. “BTC, USOIL, XRP—combining them is just another way to triangulate liquidity,” he wrote. “Sometimes the edge is simply seeing the same market from a slightly different angle.” At press time, XRP traded at $2.46. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price news #xrp price analysis #xrp technical analysis

Veteran wave technician “BigMike7335” (@Michael_EWpro) argues that the XRP token has just completed a textbook reversal on the daily chart. In a post that accompanied the chart shown below, the strategist quipped, “While you were busy being all excited about COIN being added to ES, XRP decided to breakout.” XRP Breakout Confirmed The annotated Bitstamp daily shows price clawing back to $2.5717, a 21% gain over the last seven sessions that decisively lifts the token through a six-month neckline sitting fractionally above $2.40. That horizontal barrier—coloured red on the chart—coincides with the top of a thin, downward-slanted Ichimoku cloud. Thursday’s close placed the candle not only above the Kumo but also above the 50-day EMA (orange), the 100-day EMA (aqua) and the 200-day SMA (dark blue), stacking the moving-average ribbon in a classic bullish configuration. The thrust completes an inverted head-and-shoulders that formed inside wave (iv) of a larger five-wave advance. The April swing low almost tagged the 0.382 Fibonacci retracement of the entire November-to-February impulse at $1.56732; wave “c” of that corrective leg created the pattern’s head, with symmetric shoulders in mid-March and early-May. Measured-move arithmetic from the formation’s $0.80 depth projects approximately $3.58—Big Mike boxes the target at $3.57638, exactly where the white arrow terminates on his chart and where the dashed vertical line identifies Wednesday, 18 June 2025 as a plausible time window. Related Reading: XRP Target Could Be $15 If This Pattern Is In Play, Analyst Says Market-profile data on the right flank strengthen the case: the heaviest volume node (green and tan bars) sits between $2.30 and $2.50, meaning the breakout thrust has already cleared the zone of greatest historical order flow. Above $2.80 the profile thins dramatically, implying scant overhead supply until the prior cycle’s upper channel rail near $3.00 and, ultimately, the $3.57 objective. Momentum gauges back the move. Daily RSI has reclaimed the 60-line and is rising briskly without yet entering overbought territory, while the stochastic oscillator has punched through its signal line and is accelerating toward the upper band—confirmation that impulse rather than mere short covering is at work. Related Reading: XRP Chart Hits Critical Level That ‘Opens The Sky,’ Analyst Warns Key risk markers remain below. Dashed support at $1.66027—the lower edge of the December–May broadening wedge—remains key; a failure to hold that level would invalidate the breakout thesis. Until then, the chart now offers bullish traders a classic post-neckline retest scenario, with the analyst eyeing $3.57 as the technical terminus of wave (v). For now, XRP bulls finally have a structure that justifies optimism—and, as Big Mike notes, they did it while the rest of the market was distracted by the inclusion of Coinbase (COIN) in the S&P 500 on Tuesday. At press time, XRP traded at $2.60. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price news #xrp price analysis #xrp technical analysis

In a fresh update posted on X, market strategist Dom (@traderview2) argues that a single, well-defined technical line now holds the key to XRP’s next directional move. His six-hour TradingView chart shows the Binance XRP/USDT pair peaking at $2.48-2.50 overnight before stalling precisely at the volume-weighted average price anchored to the 2018 all-time high (the so-called “ATH VWAP”, plotted in green). Since late January that dynamically descending VWAP has capped every significant rally attempt and, on four separate occasions, triggered immediate, high-velocity rejections. The latest foray produced a brief spike to $2.4082 (session high) and a settling price of $2.3644, leaving a clear upper wick just beneath the VWAP. Dom calls the reaction “expected” given the pair’s very clean technical memory, but he also stresses that the market has already reclaimed a critical intermediate pivot: the quarterly VWAP at roughly $2.30. Related Reading: XRP Must Close Above These Price Levels To Invalidate Bearish Forecast – Analyst That level, the analyst notes, is now being “back-tested” intraday; a successful hold there would leave price wedged between converging support at $2.30 and resistance at the ATH VWAP near $2.48-2.50. A decisive close above the latter would, in Dom’s words, “open the sky for a larger breakout” by removing the final barrier that has contained XRP since its early-January high near $3.50. Massive XRP Breakout Coming? Order-flow data backs the bulls’ case. Dom has been tracking aggregated net flows by trade size and finds that tickets of 10,000–50,000 XRP and 50 000+ XRP have flipped firmly positive over the past three days, while smaller clips (100–1,000 and 1,000–10,000 XRP) have turned net-negative. “Little fish have sold the rip and bigger money has been behind it,” he wrote, adding that the dataset cannot distinguish between retail and institutional wallets but “very unlikely” points to exchange internalisation. Related Reading: Why Is XRP Up Today? Key Reasons Revealed Broader market context corroborates the sense of a maturing impulse. A separate CoinGlass heat-map of perpetual-swap annualised funding rates that Dom shared plots twenty-seven large-capitalisation altcoins from November through May. The graphic highlights two periods – late November to 9 December and the first weeks of May. The December cluster coincided with the “top of alts”, and he argues that the current cluster represents the most intense speculative pressure since that episode. “Strongest move in the altcoin market since November and funding looks like this… I said it last week and I’ll say it again. Hated rally,” Dom argues. Against that backdrop, the immediate technical roadmap remains binary. XRP must first defend the $2.30 quarterly VWAP, a level that has switched from resistance to support within the last forty-eight hours. Hold that shelf and traders will continue to probe the ATH VWAP ceiling. Lose it, and the path of least resistance swings back toward the mid-$2.00s congestion that defined most of April. But should bulls finally force acceptance above the descending VWAP – a feat they have not achieved once this year – the analyst sees little in the way of overhead supply until the mid-$2.70s, the lower boundary of the late-January distribution block. As Dom concludes, “Acceptance above ATH VWAP opens the sky for a larger breakout.” At press time, XRP traded at $2.46. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price news #xrp price analysis #xrp technical analysis

XRP is drifting back to the lower boundary of a five-month trading range, yet the higher-time-frame structure remains intact, according to a daily chart published on May 7 by analyst Dom (@traderview2). The chart covers late-December 2024 through the first week of May 2025 and shows XRP after breaking above a descending trend line that originates at the January 16 high near $3.40. XRP Is ‘Holding Strong’ Dom’s analysis hinges on a trio of anchored Volume-Weighted Average Prices, or VWAPs, which are plotted as adaptive bands on the chart. VWAP represents the average price of an asset over a specified period, weighted by trading volume; in essence it tells traders the level at which the bulk of transactions have occurred. Because large institutional desks often benchmark execution quality against VWAP, the line tends to act as dynamic support or resistance when price retests it. When the anchor point is shifted—from the start of the month, quarter or year, for example—each VWAP offers a lens on how supply-and-demand has evolved over that discrete window. Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? The cyan line marks the quarterly anchored VWAP, currently situated at $2.2796, a level that rejected price last week and precipitated the ongoing pullback. The orange line denotes the monthly VWAP, now at $2.0574, and price is hovering just above it; Dom sketches a curved route suggesting that a constructive bounce here could propel XRP back toward the mid-$2.20s. Below, a green ribbon captures the yearly anchored VWAP at $1.8731, flanked by its standard-deviation envelopes at $1.7863 and $1.6996. The April 7 capitulation wick bottomed precisely into that yearly mean before snapping higher, underscoring its significance as a structural foothold. “The VWAPs continue to play perfect, local low was yearly VWAP, rejection last week was off quarterly VWAP and now we are heading to retest the monthly VWAP,” Dom states. The Key Support Zone Horizontal action is equally telling. Since early December the market has ranged between roughly $1.94 and $2.05, a zone highlighted on the chart by a grey rectangle and six green arrows flagging prior deflections. Dom characterises the present retreat as a “healthy retest” of that floor; only a decisive daily close below the band would tilt the bias decisively bearish. Related Reading: Crypto Analyst Predicts How High XRP Could Soar If Bitcoin Hits $250,000 Until then, XRP is, in his words, “already strong” relative to other large-capitalisation altcoins that have broken comparable ranges, even though it is temporarily exhibiting weakness versus a surging Bitcoin dominance index. “XRP is still holding its range from Dec (no other large cap is anywhere near that) so it’s already been strong while others just bled. BTC.D is on a terror run and BTC is just dominating the flows,” Dom writes via X. Technicians will focus on two intersecting signposts over the coming sessions: whether bulls can defend the $2.00 handle and whether the monthly VWAP can again flip from resistance to short-term support. A failure at any of those checkpoints opens the door for a deeper voyage toward the yearly VWAP around $1.87, while a successful defense would reinforce the narrative that the larger consolidation remains merely a pause within a still-valid structural up-trend. “I am expecting a reaction off this range low, losing that would be where things turn bearish/murky, but for now, it’s a healthy chart,” Dom concludes. At press time, XRP traded at $2.20. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price news #xrp price analysis #xrp technical analysis

XRP is pressing into a confluence of Fibonacci supports that could decide whether the late-2024 rally extends or snaps, according to a one-hour chart shared on X by independent analyst CasiTrades. The token last changed hands at $2.0995 on Binance when the snapshot was published, down 0.16% on the session but hovering only a few cents above the 38.2% retracement of the late-April rally. XRP Is Building Momentum Explaining the significance of the current pullback, CasiTrades wrote, “Momentum is starting to pick up, and XRP is dropping to one of the most critical support tests we’ve seen in weeks.” The chart anchors its Fibonacci grid on the $2.3622 swing high set April 28 and the $1.6169 low printed April; 7 from that range, the 38.2% retracement lies at $2.0775, the 50% cutback at $1.9896, and the golden-ratio 61.8% level at $1.9016. CasiTrades highlights the 38.2–50% corridor from $2.078 to $2.00 as “the key support region”, adding: “This zone has acted as a pivot point in the past, and it’s where we could see the market start to turn if strength returns.” Related Reading: Major XRP Accumulation Alert: Wallets Holding Over 10,000 Coins Cross 300,000 Price action since the $2.36 high is mapped as a textbook A-B-C corrective pattern. Wave (A) carried XRP below the 23.6% retracement at $2.1863; wave (B) attempted to retest overhead supply but stalled just shy of the peak; and the active wave (C) is sketched by a magenta arrow pointing directly into the $2.00-to-$1.90 pocket. “We may still see one more flush or surprise drop targeting the major $1.90 before momentum shifts,” the analyst cautioned, noting that such moves tend to “move quickly, and by the time it’s obvious, the opportunity will probably be gone.” Internally, momentum is already hinting at exhaustion. The one-hour RSI has carved successive higher lows from the end of April through early May even as spot prices have edged lower, forming a clear bullish divergence accentuated by a rising black trend-line. The oscillator is drifting just under the 40 handle, suggesting selling pressure is losing force as price drills into support. “On the lower timeframes, RSI is showing signs of selling exhaustion, and the price action is beginning to compress, often a signal that a bigger move is on the horizon,” CasiTrades observed. Related Reading: Crypto Pundit Says XRP To $10 Is Just The Start Key Resistance Targets Above the market, Fibonacci levels from a broader swing create an orderly ladder of resistance. A crimson band near $2.2559 marks the 38.2% retracement of an earlier macro impulse and is flagged as “.382 major support” turned resistance until reclaimed. Beyond that, the 11.8 percent line crosses at $2.2743, with the prior peak at $2.36 capping the short-term range. “Off these supports, we’re looking for XRP to gain the strength to break past $2.25, $2.68, and beyond,” the analyst told followers, adding, “This is the time to be alert!” In the comment thread, traders debated whether Bitcoin and Wednesday’s Federal Reserve decision could deliver the final leg lower. “I’m thinking so too… ideally support tests are met with extreme strength and an impressive recovery,” CasiTrades replied. When asked where he would initiate a long, he advocated a laddered approach: “Ideally you’d ladder, $2.08, $2.00, and $1.90—sub-waves are pointing to $2.00 as the highest probable pivot support.” At press time, XRP traded at $2.14. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

The long‑running stalemate in the XRP price action may be entering its decisive phase, according to market technician CasiTrades (@CasiTrades). In a chart update shared on X, the analyst stresses that “XRP’s setup has not changed – but the clock is ticking,” underscoring that the token remains confined to the same structural range that has contained it since early April. Why The “Time Is Ticking” For XRP The one‑hour Binance chart published by CasiTrades prints XRP at $2.07. A failed rally earlier in the session stopped precisely at the 0.618 Fibonacci retracement of the March‑to‑April downswing, labelled on the chart at $2.118. “XRP attempted a breakout alongside BTC but stalled at the 0.618 retracement, which is a common level for exhaustion. The rejection came fast, and now momentum is pulling us back toward support,” the analyst writes. Horizontal supply blocks in the $2.10–2.17 region reinforce that resistance. Below, successive bands of medium‑term support appear at the 0.5 retracement ($1.90) and at the deeper 0.618 level ($1.55), both highlighted in green and annotated as “major support.” Relative‑strength index data in the sub‑panel show a short‑term bearish divergence – price flat while the RSI slopes lower – hinting that the most recent advance may be tiring before reaching overbought territory. Related Reading: XRP Wyckoff Pattern Maps Bullish Run To $3.70 This Summer “Nothing about the bigger picture has changed. In fact, this just reinforces what I have been saying, we likely still need to sweep major supports like $1.90 or $1.55 before XRP is ready to break out. This should not continue to drag on… Momentum in crypto shifts quickly. We could tag those support levels and launch into Wave 3 very very soon,” Casi writes. She frames the entire structure as a classic Elliott Wave corrective pattern. A sharp three‑leg “ABC” decline from the early‑April peak ended in mid‑month, and the market has since been carving out what the analyst still regards as Wave 2 of a much larger impulsive sequence.“ XRP is still in Wave 2. Everything still supports a macro breakout. Until then, I am watching key levels and letting it play out,” he states. Related Reading: XRP Surpasses Ethereum In This Major Metric After Outperforming For 6 Months Responding to a follower who asked whether any excursion to $1.55 would occur swiftly, CasiTrades replied: “Yes I do think if it goes for $1.55 it would be a fast recovery. The purpose of it would be to break resistances above by using that recovery momentum.” She added that his personal strategy is to deploy remaining cash at $1.90 and manage risk with a stop once the first bounce materialises. The analyst’s conviction rests in part on Fibonacci time‑zone analysis first presented earlier this month. That framework – now in its third projected epoch – still allots room for a high‑velocity Wave 3 launch before April closes. “Momentum in crypto shifts quickly. We could tag those support levels and launch into Wave 3 very very soon!” she contends. Extension targets derived from standard Fibonacci multiples remain unchanged: $6.50 (1.618), $9.50 (2.618 and described as “most likely”), and “$12+” at the 3.618 extension. For now, however, XRP is stuck between an overhead wall at $2.24 – the 0.382 retracement and the high of the putative Wave ( C ) – and a floor clustered around $1.90. Until either side of that corridor is breached with decisive volume, CasiTrades says “nothing about the bigger picture has changed,” but warns that the window for an April resolution is narrowing: “This should not continue to drag on… We are still in Fib Time Zone 3 according to that analysis.” At press time, XRP traded at $2.07. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

Crypto analyst Charting Guy (@ChartingGuy), posting to X on April 20, has mapped the daily XRP/US Dollar chart on Bitstamp onto a textbook Wyckoff re‑accumulation schematic and argues that the pattern is now far enough advanced to imply a summer markup toward— and potentially beyond— the $3.70 region. “Wyckoff Pattern Ignites XRP Bull Case The chart spans the five‑month base that began with preliminary supply (PSY) in late November. A vertical surge carried price into a $2.68 Buying Climax (BC) in early December, immediately followed by an Automatic Reaction (AR) that washed back to roughly $1.90, anchoring the lower boundary of what would become the Phase A trading range. A Secondary Test (ST) in mid‑December revisited the $2.72 zone, completing Wyckoff’s initial “stop‑action” sequence. Phase B unfolded through January: demand rebuilt, producing an Up‑Thrust (UT) in Phase B that briefly pierced $3.40 in mid January before supply re‑asserted itself. From that peak XRP traced a descending, low‑angle channel—labelled the “Creek”—with progressively lower highs and lows into early April. Throughout this descent, Charting Guy’s overlay shows the familiar saw‑tooth of Wyckoff’s internal testing, suggesting weak‑hand distribution rather than true distributional topping. Related Reading: Ripple Takes Asia By Storm With New XRP Product, Here Are The Recent Developments On April 7 the market under‑cut range support, knifing to about $1.61, and immediately snapped back: the classic Spring of Phase C. A shallow Test of the spring followed near $2.00, satisfying Wyckoff’s requirement for bullish confirmation. From that point the analyst’s projected path turns higher. Phase D begins with what Wyckoff called Last Point of Support (LPS) between $2.35 and $2.55 in early May, followed by a steeper advance that drives through the February crest. This is followed by a Jump Across The Creek (JATC)—a decisive thrust through the descending channel top and horizontal resistance at roughly $2.70. The model then shows a price breakout above the mid-January high at $3.40 would constitute the Sign of Strength (SOS) around $3.40 in late May, completing the transition into Phase E. Afterwards, Charting Guy expects a second backing up into a first Last Point of Support (LPS) between $3.10 and $3.30 in mid-June, followed by an even steeper advance. Related Reading: XRP Is The ‘Strongest Chart In Crypto,’ Says Analyst In Phase E the schematic accelerates, taking XRP into the $3.70 area by early July—an objective that sits one tick above the $3.40 resistance band on the analyst’s price axis. With the spot rate at $2.12 at publication time, the roadmap implies a potential upside of close to 74% over the next two and a half months. However, Charting Guy cautions that “this doesn’t mean up‑only now—timing may be slightly off,” underscoring Wyckoff’s probabilistic nature. Nevertheless, the meticulous alignment of real‑world price action with the classical re‑accumulation phases—complete with labelled PSY, BC, AR, ST, UT, Spring, Test, LPS, JATC and SOS—adds weight to the bullish case. If the market respects those technical milestones, XRP could soon be working with prices not seen since the last cycle’s peaks. At press time, XRP traded at $2.11. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

The price of XRP continues to coil just above the mid‑$2 region, but veteran market technician CasiTrades (@CasiTrades) believes the consolidation is the calm before a violent impulse higher. In a four‑hour chart published on X on 17 April, the analyst traces an Elliott Wave count showing the token finishing a textbook Wave 2 correction that began after December’s cycle high near the 0.118 Fibonacci band at $3.40. XRP Breakout In April Still Possible From the peak labelled (1), XRP has followed a sharp, three‑legged A–B–C pullback (drawn in gold). Leg A bottomed in February at $1.77. Leg B retraced to the 0.236 level at $2.99 before the current slide in Leg C, which has thus far defended the 0.618 retracement at $1.54. Below lies a thick liquidity pocket between the 0.618 and 0.65 retracements—$1.55 to $1.45—highlighted by a green box on the chart. CasiTrades describes that zone as “the most likely target” for any final sweep lower, but stresses that price “has shown solid support at the 0.5 retrace ($1.90). On the macro timeframe, not much has changed.” Related Reading: XRP Is The ‘Strongest Chart In Crypto,’ Says Analyst The chart also flags the 0.382 retracement at $2.24 with a red line—the final ceiling that must be reclaimed to confirm bullish reversal. “To break major resistance at $2.24 (the 0.382), we’ll likely need one final push off either $1.90 or $1.55. If XRP clears and holds $2.24, these lower levels become far less likely,” the analyst writes. The market has already printed a series of higher lows on the four‑hour Relative Strength Index while price carved lower lows, producing a clear bullish divergence that reinforces the idea that selling pressure is exhausting. CasiTrades argues that the macro structure remains intact: the decline of the past four months is Wave 2 inside a much larger five‑wave advance. “We are very close to ending this correction, whether the low is already in or we need one more support test, I still believe we’re about to enter macro Wave 3,” she notes. Under classical Elliott guidelines, one wave of every impulse must extend, and the analyst expects that role to fall to Wave 3. Using Fibonacci expansion from the Wave 1 impulse—the vertical purple projection—she derives upside objectives at the 1.618, 2.618 and 3.618 extensions: $6.50, $9.50 and “$12+” respectively. “One wave must extend in every impulse and most likely this will happen on Wave 3. This isn’t hype, this is textbook Fibonacci + Elliott Wave logic. Correction bottom is either here or very near. Once Wave 3 begins, it only takes weeks, not months,” she explains. Related Reading: Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge Sceptics questioned whether algorithmic manipulation might have invalidated traditional tools, but the analyst remains unmoved. “This price action has been frustrating, but I believe the market is largely driven by algos that to complete specific patterns, these patterns make money for their creator. Strong demand may be delaying the final push lower, but I still believe the market likely needs to test those support levels to grab liquidity before a breakout. We’re at a critical test right now. If buyers can push the price above $2.24, it could shift the algos instead of hunting lower, they may flip direction and chase momentum.” Time, she insists, is running out for bears. “We’re mid‑April now. If XRP tags that final support, even by the end of this week, and volume steps in, a breakout to new highs could very realistically kick off in late April and still satisfy the April breakout outlook.” As of press time XRP is trading near $2.16 on Binance, only a few percentage points below the critical $2.24 trigger. Featured image created with DALL.E, chart from TradingView.com

#ethereum #bitcoin #xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

Crypto market analyst Dr Cat (@DoctorCatX) has declared XRP the strongest chart in the entire crypto space, citing Ichimoku Cloud dynamics that currently favor XRP over both Bitcoin and major altcoins such as Ethereum. XRP Is The ‘Strongest Chart’ In a weekly comparison of XRP/USD and BTC/USD, Dr Cat explains that XRP continues to exhibit full bullish structure within the Ichimoku framework. On the weekly chart, XRP is holding above the Kijun-Sen (base line), and the Tenkan-Sen (conversion line) remains above both price and Kijun, maintaining a textbook bullish configuration. The price, marked at $2.09688, has now consolidated for multiple weeks above the Kijun, with no significant violations. The Ichimoku cloud projected ahead — the Kumo — shows a sharply rising Senkō Span A, forming an upward-sloping top to the cloud that extends into May. Senkō Span B is positioned lower and flat, adding to the positive slope of the cloud. This forward structure typically reflects underlying trend strength. While precise values for these lines are not labelled on the chart, their shape and relative positioning confirm that the cloud is bullishly aligned, with Span A above Span B, and rising — a configuration often preceding strong continuation moves. Related Reading: XRP Dips To $1.97 – A Golden Opportunity Before The Next Rally? In contrast, the BTC/USD weekly chart presents a more fragile picture. While Bitcoin trades at $84,940, and remains above the Kumo, it has lost the Kijun-Sen, with price slipping below that critical baseline over the last two candles. Moreover, the Tenkan-Sen has crossed beneath the Kijun-Sen, forming a classic bearish crossover. Even if this crossover eventually proves to be a whipsaw, it is technically significant, as Dr Cat notes: “Even if a fake one, it’s a score point for bears that needs to be overcome.” Dr Cat summarizes the contrast across the majors as follows: “Plenty of altcoins are already in a bear market on the weekly, including ETH. BTC is struggling to fight back. But XRP bulls still have full control.” In response to users speculating on timelines, tops, and price targets — some calling for $0.80 retracements, others for new all-time highs imminently — the analyst replied: “By the end of May it should be pretty clear.” Related Reading: XRP To $15? Pundit Explains How ETFs Could Trigger Massive Rally Dr Cat has also reiterated his medium-term upside target of $4.50 for XRP, suggesting that the setup may culminate in a full-scale breakout attempt toward or beyond the all-time high near $3.84. That move, however, remains contingent on bulls maintaining their current technical advantage. XRP Sets New Record Against Ethereum Additional evidence of XRP’s rising strength comes from independent analyst Dom (@traderview2), who published a historical performance heatmap comparing XRP to ETH on a monthly basis. His data shows that XRP has now outperformed ETH for five consecutive months (entering the six month) — the longest such streak ever recorded. The outperformance began in November 2024, with XRP gaining +160.4% relative to ETH, followed by +18.5% in December, +47.3% in January, +4.3% in February, +19.6% in March, and +14.3% so far in April 2025. Prior to this run, the longest relative win streak had been four months (June–September 2024), making the current stretch a historical first. The cumulative arithmetic gain across this period exceeds +264%, showcasing a sustained capital rotation toward XRP not seen in prior cycles. While it remains to be seen whether the current strength translates into new highs, XRP’s chart structure is unmatched across major tokens on the weekly timeframe. With a clean bullish alignment, a rising cloud, and dominant relative performance, Dr Cat’s conclusion remains firmly grounded: “XRP bulls still have full control.” At press time, XRP traded at $2.09. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #spot xrp etf #xrp etf news #xrp price analysis #xrp technical analysis

Crypto pundit Zach Rector’s has published a bold projection that XRP could surge to $15 as soon as institutional inflows driven by exchange-traded funds (ETFs) increasingly reshape market dynamics. In his analysis, Rector contends that the anticipated inflows from XRP exchange-traded funds (ETFs) could transform the asset’s valuation landscape. His projection is rooted in conservative assumptions and is underpinned by JPMorgan’s earlier forecasts, which suggested that XRP ETFs might secure between $4 billion and $8 billion in new capital during their first year. Rector centers his model on the lower $4 billion figure, arguing that even this modest amount could set the stage for a dramatic market cap expansion. How High Can XRP Rise With A Spot ETF? Central to his thesis is what he terms the “market cap multiplier.” This metric, which he describes as “the ratio of the change in an asset’s market capitalization to the net inflows it receives,” serves as the engine behind his bullish scenario. Rector elaborated on the concept during one of his presentations: “When you witness a short-term event where XRP’s market capitalization surges dramatically with relatively low inflows, it highlights how sensitive the valuation can be to capital entering the market.” Related Reading: XRP Reaches ABC Pattern Top—Analyst Says $6.50+ Targets Still In Play He illustrated this with a striking example from April 12, 2025. On that day, over the course of eight hours, XRP’s market cap increased by $7.74 billion even though the net inflows were only $12.87 million—a phenomenon that translated into an extraordinary multiplier of 601x. “That moment was a wake-up call,” Rector noted, “a clear demonstration of how leveraged the digital asset market can be under the right conditions.” Despite this explosive example, Rector exercised caution by choosing a considerably more conservative multiplier of 200x for his primary analysis. With this multiplier, the $4 billion inflow assumption would generate an $800 billion increase in market capitalization. When added to XRP’s then-current market cap of roughly $125 billion, the theoretical total valuation climbs to nearly $925 billion. Given an estimated circulating supply of 60 billion XRP tokens, this scenario would result in a per-token price close to $15. “Even a conservative read on market trends points to a level of appreciation that is nothing short of transformative,” Rector explained. In discussing the underpinning assumptions, Rector was unequivocal about the limitations of his model. “Two things that are not included in this equation that do play a factor would be the futures market and then also the XRP ledger decentralized exchange activity,” he stated. Related Reading: XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level? Beyond the technicalities of his multiplier methodology, the broader market context lends weight to Rector’s optimistic forecast. Institutional momentum is evident, as evidenced by a surge in regulatory filings for spot XRP ETFs. Nine prominent financial institutions—among them Grayscale, VanEck, Ark Invest, and WisdomTree—have sought approval from the US Securities and Exchange Commission. “The fact that established asset managers are stepping forward to file for an XRP ETF is a signal in itself,” Rector commented. The SEC’s acknowledgment of these filings, coupled with the buzz around the Ripple legal settlement, has bolstered market sentiment. “There’s a tangible sense of optimism in the air,” Rector added. Notwithstanding the supportive environment, Rector remains measured in his outlook. He pointed to the underwhelming performance of Ethereum ETFs for context. Since their introduction in July 2024, Ethereum ETFs have only attracted about $2.28 billion in inflows. “This is a reminder that even with strong institutional interest, the transition from traditional finance to digital assets is not always straightforward,” Rector remarked. International developments have further reinforced the narrative. In March 2025, Brazil took a significant step by approving a spot XRP ETF, while the NYSE Arca recently debuted Teucrium Investment Advisors’ leveraged XRP ETF. “Global regulatory acceptance is key,” Rector asserted, “and as more jurisdictions warm up to digital assets, we can expect a more vibrant and dynamic market.” He concluded: “While no forecast is foolproof, the trends we are witnessing today suggest that a milestone like $15 per XRP isn’t just wishful thinking—it could very well be within reach.” At press time, XRP traded at $2.14. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

XRP finds itself at a pivotal juncture following a move that touched the 0.382 Fibonacci retracement near the $2.24, as highlighted by crypto analyst Casie (@CasiTrades). Referring to this zone as “XRP Reaching C Top,” she pointed out that this level aligns precisely with the upper boundary of the latest three-wave ABC pattern. From her perspective, that tap near $2.24 has now triggered bearish signals on the RSI, suggesting a potential short-term reversal, indicating that a deeper correction may be around the corner. Where Is XRP Heading Next? “Either one of these major supports could be XRP’s next pivot,” Casie stated when describing two possible retracement zones at $1.90 and $1.55. She labeled $1.90 as the 0.5 Fibonacci retracement and “a critical backtest area,” while identifying $1.55 as “the golden .618 Fib retrace” and a prime candidate for what Elliott Wave theorists might see as a Wave 2 corrective low. Related Reading: XRP Outflows Cross $300 Million In April, Why The Price Could Crash Further On her chart, these price levels are marked as major supports that could each prompt an eventual pivot toward higher highs. According to Casie, the overarching bullish structure remains intact, with the short-term dip now needed for confirmation before any renewed push upward. In her follow-up commentary, Casie reiterated her bullish stance by saying, “Breakout to new highs in April! Remember, ANY wave 3 extension target is valid—6.50 USD, 9.50 USD, 13 USD, 26 USD.” This statement aligns with her broader Elliott Wave Theory approach, in which she sees the current corrective leg as a precursor to a potentially powerful third wave extension. Her chart, originally shared in mid-March under the heading “XRP Holding Strong, But Still in Waiting Mode!,” showed that the project was already holding above $2.26, a level she called “the key .382 retracement support,” while pinpointing higher upside targets at $2.70 and $3.05 once the market confirms another upward wave. Casie further mentioned that “XRP needs to break above $3.40 to confirm our new trend,” explaining that until that happens, the next big move remains in question. Traders who follow her work will note that the RSI divergence visible on multiple timeframes has added to short-term bearish concerns, but the medium- to long-term picture, in Casie’s view, still indicates scope for a new rally once price revisits and confirms support. Related Reading: XRP Targets $19 Or $45 In Possible Blow-Off Top, Analyst Predicts As of now, all eyes remain on whether XRP’s pullback finds support at one of Casie’s highlighted Fibonacci levels. The price briefly breached $2.20 but has since shown signs of faltering momentum, leaving traders to watch if $1.90 —or ultimately $1.55 —will emerge as a pivotal bounce zone. If XRP does stabilize at or above those areas, sentiment could shift once more toward fresh highs, especially if the broader market cooperates. Casie’s scenario of a wave 3 extension toward targets above $6 remains on the table, but the immediate question is how the asset handles this retracement phase. The structure still appears bullish overall, yet the coming sessions will be critical in determining whether XRP’s current pullback lays the foundation for a sustained next leg higher. At press time, XRP traded at $2.16. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

Amidst the broader crypto market crash, XRP has broken below an important support zone that several traders have identified as pivotal. In a chart shared by crypto analyst Josh Olszewicz during his latest YouTube update, the token shows a pronounced break beneath the Ichimoku Cloud on the daily timeframe, with the price now positioned under the $2.00 handle. This move also places XRP below the neckline of a head and shoulders pattern. How Low Can XRP Price Go? Olszewicz describes the chart pattern as a “head and shoulders variant mess—Frankenstein’s monster,” indicating that although the formation might not be a textbook head and shoulders, its overall structure strongly resembles a classic bearish reversal. The left “shoulder” formed around the $2.90 zone in early December 2024, the “head” near the $3.41 peak, and the right “shoulder” at roughly $3.00. As price continues to drift lower, the complete violation of the neckline region below $2.00 underscores the potential for a meaningful downside extension. According to Olszewicz, XRP is now “below $2, below VPVR support, below the range,” with a possibility of dropping under $1.50 this week should bearish momentum intensify and sellers follow the pattern seen in numerous other altcoins in recent weeks. Related Reading: XRP Bulls Eye $5 Target: Key Levels To Watch For Potential Breakout “It would not shock me at all if we see everything puking and XRP is sub $1.50 this week. Would not shock me at all. It’s held up better than most alts but it’s some point sellers will take over here just like they’ve taken over most alt charts,” Olszewicz said. The presence of key Fibonacci levels on Olszewicz’s chart offers further perspective on possible support and resistance points. The 0.5 retracement, indicated around $2.60, is currently above the market and may act as a significant barrier if XRP attempts to reclaim ground. Meanwhile, the 1.618 extension hovers around $1.42, and the 2.0 extension near $1.16 could come into focus if momentum continues to favor the bears and the head and shoulder pattern fully plays out. Jesse Colombo, another crypto analyst, has weighed in on X with an even more bearish perspective. Colombo suggests that the head and shoulders structure, if it plays out in full, might “sink [XRP] all the way back to $0.60 cents in a complete unwinding of its fall rally.” Contrasting sharply with that outlook is the stance offered by CrediBULL Crypto, who also shared his views via X. Although he acknowledges the recent slip beneath support, he characterizes it as more likely to be a “deviation” or “false breakdown” below $1.80 than a true collapse in market structure. Related Reading: Glassnode Finds XRP Is Retail’s Top Pick This Cycle He contends that XRP might wick under $1.80 briefly, only to recover its footing soon afterward and resume a broader upward trend. In his assessment, a dip to sub-$1.80 would not necessarily be a sign of inherent weakness, as long as XRP can reclaim that level relatively quickly and push beyond the immediate resistance clusters. “I’m not expecting a breakdown below $1.80, I’m expecting a deviation below it- aka a false breakdown or fake out below it before the next leg up. It would not be a sign of weakness if we visit sub $1.80 basically,” he writes. At press time, XRP traded at $1.76. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price prediction #xrp technical analysis

In a newly released chart, crypto analyst Egrag (@egragcrypto) reveals a XRP price prediction for April. While emphasizing that current market sentiment remains in what he calls a “boredom phase,” Egrag’s technical breakdown highlights several critical levels that may define the token’s trajectory this month. XRP Price Prediction For April Egrag’s chart, constructed on a monthly time frame (XRP/USDT), underscores an anticipated April candle that could see a substantial price swing. The visual forecast places XRP in a position where both upper and lower bounds may be “wick-tested” before the month concludes. According to the analyst, a potential downside wick may pull the price back into the $1.90–$1.79 region. Egrag describes this process as a short-lived “wick,” indicating that if XRP tests these lows, it may not spend significant time there. Related Reading: XRP Bull Cycle Could End If This Happens: Analyst On the other end of the spectrum, the chart suggests that a spike toward $2.80–$3.00 is also possible during April. Similar to the low-range testing, any move within this zone would likely form a wick, marking a brief probe of higher price territory. “We will also test the upper range at $2.80-$3.00, which will also be a wicking process,” the analyst states. One of the most striking points on the chart is a potential 62–70% rally measured from the lowest point of the downside wick (around the $1.79–$1.90 area). The analyst highlights that this upside, if materialized, could be swift once certain technical thresholds are broken. “We could see an upside of 62-70% from the lowest point of the downside wick,” Egrag writes. Several price notations on the chart (such as $2.00, $2.05, $2.17, and $2.44) hint that XRP may oscillate around the $2 handle. Egrag’s mentions the possibility of a final stop near $2 before a more explosive move: “After revisiting the $2 region one last time, we could see a significant blastoff in this cycle!” Related Reading: XRP MVRV Ratio Dips Below The 200-Day MA – Trend Shift Underway? Egrag also reiterates a theme he has mentioned in previous analyses: many market participants grew frustrated after the post-SEC-case price action failed to meet their expectations of an instant surge. The analyst attributes the current range-bound conditions to a “boredom phase” driven by waning interest and mental fatigue among traders. He warns that only “the mentally strong” will endure this period of minimal excitement and sideways trading. For those who remain confident in the broader utility of XRP, Egrag suggests that accumulating during these doldrums might be more beneficial than attempting to time every short-term fluctuation. “Do nothing except buy if you can, and sit on your ass. Do you really think XRP will change the world and they will give it to you on a golden plate? […] We are now in a phase where only the mentally strong will survive,” the analyst concludes. At press time, XRP traded at $2.1465. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #cryptocurrency market news #xrp price analysis #xrp technical analysis

The XRP price fell as low as $2.0238 on Monday, potentially forming a local bottom. Since then, the XRP price is up almost 6%, however, the possibility of a deeper retracement remains. Two prominent chartists—CasiTrades (@CasiTrades) and Charting Guy (@ChartingGuy)—have shared their perspectives on whether the token has found its local bottom or if further downside might still be on the table. Is The XRP Price Bottom In? According to CasiTrades’ newly published chart, XRP appears to have tested the 0.786 Fibonacci retracement at $2.05 and is now showing bullish divergences across multiple timeframes—from the 15-minute all the way to the 4-hour chart. CasiTrades notes that these signals are a positive indicator both for short-term bounces and a potential macro recovery. “Was that the bottom for XRP? After reaching the .786 retrace at $2.05, #XRP is printing bullish divergences from the 15min all the way up to the 4hr chart. That’s the kind of signal we want to see for both short-term bottom and macro! The bounce is holding so far! CasiTrades notes. Related Reading: XRP Bull Cycle Could End If This Happens: Analyst The analyst also points to key resistance at $2.25, suggesting that a convincing break above this level with strong momentum would likely negate the need for another retest of support. “If we break above $2.25 with strong momentum, that would invalidate the need for another support retest—a very bullish sign, CasiTrades writes, adding “$2.00–2.01 remains a support if the $2.05 doesn’t hold.” Moreover, she highlights a Fib Time Zone 3 that could span the entire month of April, forecasting a “bullish window” for XRP. According to the chart,  once price meets its target, a larger impulse to the upside may follow, with potential resistance lining up at $2.70 and $3.80+. Related Reading: XRP MVRV Ratio Dips Below The 200-Day MA – Trend Shift Underway? Meanwhile, Charting Guy addressed that market chatter has surfaced about a possible head and shoulders pattern on the XRP chart, with a projected breakdown target near $1.15. While acknowledging this bearish formation as a possibility, Charting Guy believes it is unlikely to play out, describing the pattern as “irregular and ugly.” He maintains that XRP’s overall trend is still biased to the upside, characterized by higher highs and higher lows.“ A lot of people are posting this possible head and shoulders that targets $1.15. I personally don’t think it plays out, but it’s a possibility. If it does happen, it’s just a golden pocket backtest and the chart remains bullish overall,” he says. Charting Guy draws attention to the $1.70–$1.90 zone that has repeatedly caught wicks in previous pullbacks, with daily closes managing to reclaim $2 or above. He believes that a final corrective dip to fill the March 11 wick lows—potentially down to around $1.90—could mark the end of the current retracement. Additional support levels are located at the weekly Ichimoku base line at $1.94, the Weekly Supertrend at $1.73 and at the Weekly EMA Ribbon between $1.46 – $1.93. At press time, XRP traded at $2.14. Featured image created with DALL.E, chart from TradingView.com

#xrp #altcoins #xrp news #xrpusdt #xrp bearish #xrp signal #xrp technical analysis

An analyst has pointed out how XRP and three other altcoins look like they share a similar technical analysis (TA) fate. Here’s what could be in store for these assets. TA Patterns Are Pointing At Same Outcome For Four Altcoins In a new post on X, analyst Ali Martinez has pointed out a commonality that may be present among XRP (XRP), Ethereum Classic (ETC), Bitcoin Cash (BCH), and yearn.finance (YFI). Related Reading: Bitcoin Weekly Preview: Tariffs, Whales, And Volatility Ahead The similarity lies in the signal that TA is giving on the price charts of each of these altcoins. Here are the graphs the analyst shared, showing the patterns: The first chart (top left) highlights the trend in the 1-day price of XRP, the fourth largest cryptocurrency by market cap. It would appear that the asset has possibly been forming what’s known as a head-and-shoulders pattern. This pattern forms when an asset’s price shows three peaks following a sharp surge, with the inner and outer peaks being similar in scale (the shoulders), and the middle one the largest (the head). The formation also involves one other feature: a support trendline that facilitates the formation of the different peaks. From the graph, it’s apparent that XRP is currently retesting this support line, after forming its third peak (the right shoulder). The head-and-shoulders generally signal a reversal of trend, so it’s possible that the coin may end up failing this retest and a sharp plunge would follow next. Bitcoin Cash, the bottom right chart, is also making a retest of what could be an important support line. In this case, the trendline is the lower one of a symmetrical triangle. The symmetrical triangle occurs when an asset finds itself consolidating between two trendlines that converge at a roughly equal and opposite slope. This means that as the price travels inside the channel, the distance between its tops and bottoms progressively becomes narrower. The upper channel provides resistance and the lower one provides support, but as the consolidation gets very narrow (that is, the price approaches the apex of the triangle), a breakout can become likely. Recently, Bitcoin Cash has come quite close to the triangle’s end, so it’s possible that an escape may be happening soon. As BCH is retesting the lower trendline right now, it’s possible that this break could happen towards the downside. Such a breakout, if one happens, could be a bearish signal for the coin, just like the one for XRP. Related Reading: Could XRP Actually Reach $10,000? Expert Weighs In The other two altcoins, Ethereum Classic (top right) and yearn.finance (bottom left), are both near the bottom line of a parallel channel. In this pattern, consolidation occurs between two parallel trendlines. It’s possible that support might end up holding for these coins, just like it has in the past, but given the fact that they have been trading inside the channel for a couple of years now and that a shift toward a bearish mood has taken place in the sector, a breakout to the downside may be coming. It now remains to be seen if XRP and the other altcoins will end up following in the trajectory that TA has been hinting at or not. XRP Price At the time of writing, XRP is trading around $2.06, down over 16% in the last seven days. Featured image from Dall-E, charts from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

XRP’s multi-month uptrend may be approaching a critical inflection point, according to technical analyst Josh Olszewicz, known online as @CarpeNoctom. In a chart published on X, Olszewicz highlighted a well-defined bearish reversal pattern, warning that a breakdown could trigger significant downside movement. “I’d be shocked if this actually breaks higher,” the analyst wrote, adding in a livestream that the structure “continues to be the only thing I care about on this chart.” Could This Be The End Of The XRP Bull Cycle? His central thesis is built on a classic head and shoulders pattern, a formation widely recognized by traders as a precursor to a major trend reversal. The chart, based on the XRP/USD daily timeframe, reveals a symmetrical triple-peak structure that fits the textbook definition of a head and shoulders pattern. The left shoulder formed between early and mid-December 2024, topping out near the $2.90 level. This was followed by a higher high in mid-January 2025, when XRP briefly surged to approximately $3.40, forming the head. Subsequently, the right shoulder developed throughout mid-February and March 2025 with a lower high, around the $3.00 region. Related Reading: XRP Price Fate Hangs on $2.00—Major Move Incoming? The neckline — a critical horizontal support level that connects the swing lows between the shoulders — is drawn precisely at the $2.00 mark. This level is not only a psychological round number but also structurally significant, having acted as support multiple times since December last year. Overlaying the pattern is the Ichimoku Cloud indicator. The Ichimoku metrics currently reinforce the bearish outlook. XRP is trading beneath both the Tenkan-sen (conversion line) at $2.2462 and the Kijun-sen (base line) at $2.4528 — both of which are flatlining, indicating a loss of upward momentum. The Senkou Span A (leading span A), currently at $2.4836, and Senkou Span B at $1.9460 form a cloud that is thick, flat, and bearish. Price action is consolidating within the cloud, but the cloud ahead turns red, forecasting resistance and trend weakness in the sessions to come. Related Reading: XRP Price Eyes 20% Move With Golden Pocket Appearance Olszewicz stated unequivocally in his livestream that if the pattern confirms with a breakdown, “you’d be expecting $1.13 to $1.40” as a measured move target. This range represents the potential depth of the head and shoulders formation — calculated by subtracting the height from the head ($3.40) to the neckline ($2.10), which gives approximately $1.30 of projected downside. When subtracted from the neckline level, this yields targets between $1.10 and $1.40, depending on volatility and order book depth. He added, “There is not an impossibility that this just rolls over the entirety of the move. Now that would be end-of-cycle stuff. That would be a bearish legacy, bearish everything — right? But that is in the cards here. You can’t say it’s not until we’re back above $2.85.” With that, Olszewicz clearly defined $2.85 as the invalidation level for this bearish thesis. Notably, this level marks the last significant lower high before price began to roll over — and it coincides with the top of the right shoulder. A close above that point would invalidate the head and shoulders formation and likely suggest a continuation of the bullish cycle. Until then, however, the risk remains tilted to the downside. At press time, XRP traded at $2.07. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #peter brandt #xrp news #xrp price analysis #xrp technical analysis

In an update posted via X, veteran market analyst Peter Brandt shared a striking technical outlook for XRP/USDT, identifying a classic Head & Shoulders (H&S) formation in the daily chart that points to a possible retracement toward the $1.07 region. Brandt’s chart tracks XRP daily bars from mid‐October through late March on Binance. The XRP surged from below $0.50 in late October to above $1.00 in mid‐November. After forming a bull flag, the asset continued aggressively higher, building a local top around $2.90 in early December before starting the last leg up as high as $3.40 in mid-January. The 8‐day (C,8) and 18‐day (C,18) moving averages—shown in orange and black, respectively—now hover around the $2.44 mark, where the price is currently sitting. XRP Could Crash If This Happens Two notable horizontal levels frame the current trading zone. First is the $1.90 floor, which serves as the approximate neckline for the H&S pattern and has repeatedly acted as support. Second is the $2.90–$2.99 ceiling, a clear horizontal resistance band where XRP has struggled to sustain upward momentum. Brandt states that a decisive break below $1.90 “would not be ideal for longs,” while any upside breach above $3.00 could force short sellers to reconsider their positions. On the chart, the left shoulder formed near the $2.90 handle, followed by a higher peak at $3.40, creating the “head.” Subsequently, the right shoulder emerged closer to the $3.00 zone. The neckline sits around $1.90. If XRP breaks below that neckline with sufficient volume, Brandt’s measured‐move target suggests a decline to approximately $1.07. He labels this price objective with a red arrow, signaling the potential downside risk inherent in classical H&S patterns. Brandt’s 8‐day and 18‐day moving averages converge around $2.44, indicating muted momentum at current levels. The 30‐day Average True Range (ATR) measures near $0.205, implying that daily price swings have compressed compared to the explosive action seen during XRP’s ascent from late 2024 through early 2025. Still, a break beyond $3.00 or below $1.90 could spark a renewed surge in volatility. Brandt emphasizes his lack of a personal stake in XRP, explaining that he is merely relaying what he views as a “textbook” bearish pattern: “I have no vested interest up or down. XRP is forming a textbook H&S pattern. So, we are now range bound. Above $3.000 I would not want to be short. Be”low $1.9 I would not want to own it. H&S projects to $1.07. Don’t shoot the messenger. At press time, XRP traded at $2.35. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp technical analysis

XRP remains in a holding pattern, according to the latest chart analysis shared by crypto analyst @CasiTrades. Despite a relatively subdued weekend, XRP continues to trade above critical support levels, indicating that the current bullish structure has not been invalidated. XRP Price Remains Bullish A closer look at the 4-hour XRP/USD chart by @CasiTrades shows two converging trend lines that have formed a symmetrical triangle spanning from mid-January to mid-March. XRP’s price action has respected both the upper and lower boundaries of this formation until early March. Related Reading: Crypto Pundit Claims XRP Will Hit $1,000 – Here’s The 10 Reasons Why Back then, the XRP price initially staged a breakout attempt, but it turned out to be a fakeout and quickly failed. However, the second breakout now appears more promising. Following the move above the trendline, XRP is currently undergoing a bullish retest and has successfully bounced off the breakout level. If this retest holds in the coming days, it could signal that the bulls are gaining control and have won this critical battle for momentum. Fibonacci retracement levels stand out as key guides for potential continuation or reversal. The 0.382 retracement near $2.26 has clearly acted as a critical support, while the 0.236 level near $2.70 aligns with a horizontal zone that functioned as prior support in early February before flipping to short-term resistance. “XRP Holding Strong, But Still in Waiting Mode! It’s been a quiet weekend for XRP, but the bullish structure remains intact. We’re still holding above $2.26, the key .382 retracement support, and price has spent some time flipping the consolidation to support—markets are setting up for the next move!” Casi notes. Related Reading: Here’s How High The XRP Price Would Be If It Flips Ethereum’s Market Cap A step higher on the chart sits the 0.118 retracement near $3.05, which lies just under a horizontal band that previously capped price action in late January. These thresholds combine to create a layered resistance region between $2.70 and $3.05, an area XRP would need to overcome for a credible shift in market sentiment. Signs of strength would become more conclusive if XRP could break above $3.40, a threshold that @CasiTrades emphasizes as necessary to confirm a broader trend change. The analyst highlights $3.40 as a defining technical barrier that must be cleared before traders can speak of a “new trend,” possibly corresponding to wave 3 of a larger market cycle. The chart also shows a projected line pushing toward $3.80, which suggests that any breakout above $3.40 could be substantial, although the analyst maintains that confirmation must precede any speculation about reaching higher price targets. On the downside, the chart indicates that if the 0.382 Fibonacci at roughly $2.26 should fail, support at $1.90 (the 0.5 retracement) would be the next logical safety net for buyers. Even lower levels near $1.54 represent the origin of the latest upward swing and could attract significant demand if the market were to experience an extended sell-off. RSI readings on the 4-hour timeframe hover in the mid-50 range, pointing to a market that is neither overbought nor oversold. This neutral momentum further underscores the “waiting mode” described by @CasiTrades, in which participants appear cautious about placing aggressive bets ahead of a decisive breakout or breakdown. In commentary shared via X, the analyst concludes: “XRP needs to break above $3.40 to confirm our new trend, but until then we are waiting signs of confirmation, which may not be obvious until wave 3 in the market cycle. Key Fib levels have already been reached. The market is on the edge of a breakout, and this week could be a defining moment!” At press time, XRP traded at $2.29. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

XRP is hovering around $2.52 on the daily chart, maintaining a delicate balance between bullish momentum and the potential for a major reversal pattern. Renowned crypto analyst Josh Olszewicz (known on X as @CarpeNoctom) shared a detailed Ichimoku-based chart, highlighting a possible Head and Shoulders formation. According to Olszewicz, a sustained break above $2.85 would likely invalidate bearish concerns tied to this classic reversal setup. Can XRP Bust Through $2.85? XRP’s most recent rally took shape in mid-October 2024, when it traded near $0.48 before rising sharply toward $3.3999 in early 2025. This rally unfolded quickly, hinting at robust buying pressure and a strong bullish sentiment through the end of 2024. However, after hitting that local peak of roughly $3.40, XRP has pulled back toward the $2.50 area, creating a pivot region that now defines the immediate trend direction. On Olszewicz’s chart, which employs Ichimoku settings of (20, 60, 120, 30), the price hovers near the Conversion Line (Tenkan-Sen) around $2.4750 while the Base Line (Kijun-Sen) sits closer to $2.5749. The Ichimoku Cloud itself projects forward, with Senkou Span A around $2.57 and Senkou Span B near $1.94, forming a green band that suggests broader bullish support as long as price stays above the Cloud. The chart shows that XRP has so far managed to remain above most Ichimoku levels, reflecting ongoing positive momentum despite recent volatility. Related Reading: XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor Within this framework, the Head and Shoulders formation looms as a potential signal of a bearish reversal. The formation appears to be anchored by a head near $3.3999, with potential “shoulders” close to the $2.85 and $2.90 zone. According to Olszewicz, a move above $2.85 should help negate the likelihood of a bearish breakdown, while sustained rejection below that level keeps the Head and Shoulders possibility firmly in play. Market participants will also be watching the $2.0 region, often interpreted as the neckline zone for this formation, because a decisive drop beneath it may confirm the reversal pattern. Additional price regions highlighted by the chart add clarity to the bullish-bearish tug-of-war. The Kijun-Sen around $2.5749 serves as an important medium-term pivot, frequently acting as both support and resistance in Ichimoku analysis. Meanwhile, the bottom of the Ichimoku Cloud near $1.94 stands as a last line of defence for bulls, should any deeper pullback occur. Related Reading: XRP Could Start An Explosive Move To $33 Within 28 Days, Says Analyst Ultimately, the broader sentiment hinges on whether XRP can break above the $2.85 threshold and thereby nullify the threat of this Head and Shoulders formation. If the market reclaims levels above that price zone, it would suggest bullish momentum remains intact. Conversely, failure to overcome $2.85, combined with a drop below $2.0, could point to a deeper reversal and invite further selling pressure. At press time, XRP traded at $2.60. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

Crypto analyst EGRAG CRYPTO (@egragcrypto) has released a chart update that could stir excitement among XRP holders. In his latest post on X, the analyst references historical price behavior, a potential channel formation, and precise technical indicators to suggest that XRP may be on the verge of a swift move toward the $27-$33 price range. The timeframe for this potential surge, according to his analysis, could be as short as 28 days if conditions mirror XRP’s 2017 bull run. XRP Price To Hit $33? Egrag opens his post by acknowledging the risk and difficulty of making time-based forecasts. “Sometimes, I throw myself under the bus with time predictions, but honestly, it’s worth sharing with the community! Even though I know it might backfire, I still give it a shot,” he writes. He also reiterates his broader philosophy: “Now, let me be clear—I never try to time the market because it’s nearly impossible. Instead, I follow the golden rule: ‘Time in the market is more important than timing the market!’” This balance between caution and optimism underscores the delicate nature of technical analyses in unpredictable cryptocurrency markets. Related Reading: XRP Price Can Fall Further To $1.5 If This Level Fails To Hold The centerpiece of Egrag’s analysis is a potential weekly channel that he believes strongly resembles the price structure XRP exhibited in 2017. He points out that, during that period, the cycle leading from the channel’s inception to the final breakout lasted approximately 175 days. Within that timespan, the token recorded a rise of about 2,500% from the lower boundary of the channel. That surge culminated in a cycle “blow-off top,” a term used by traders to describe a rapid price climb followed by an even quicker reversal. According to Egrag, these chart features appear to be resurfacing now, with XRP showing signs of maintaining support above the 21-week Exponential Moving Average (EMA). “We’re seeing similar XRP price action today, with the 21 EMA closing above and only a minor wick,” he notes, suggesting that the token’s price is finding strength near a well-watched moving average. Such support, if sustained, can be an early indicator that bullish momentum is building. One of the most eye-catching points in Egrag’s chart is his projection that XRP could climb toward the Fib 1.618 extension level, where he places a tentative target between $27 and $33. He explains that, if 2017’s channel pattern truly echoes today’s structure, XRP may replicate a similar percentage gain and time duration before hitting that upper range. “If we apply this same pattern to the current market, XRP could surge to the Fib 1.618 level, targeting $27-$33!” he writes. He further suggests that this parabolic move “could happen within just 28 days,” based on his historical observations. Before reaching this high, XRP could first target the Fib 1.272 level at $8.38, followed by the Fib 1.414 level at $13.67. These are historically relevant Fibonacci extension points that traders often monitor as price advances in an uptrend. Related Reading: XRP Price Bubble Burst? This Pattern Suggests Imminent Drop To $1.1 In the immediate short term, XRP is currently positioned at the 0.888 Fibonacci retracement level ($2.23), with additional support at the 0.786 level ($1.57) and 0.702 level ($1.78). These levels suggest that XRP is consolidating within a structured Fibonacci-based pattern before an anticipated breakout. This 28-day forecast is arguably the most striking part of his analysis, reflecting a break from his usual reluctance to pin down short-term timelines. Egrag concedes that timing market moves is notoriously challenging but remains confident that reviewing past cycles can still offer valuable insights. “Even though I know it might backfire, I still give it a shot,” he remarks, acknowledging the inherent volatility and unpredictability of crypto assets. At press time, XRP traded at $2.32. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

While the XRP price is already down -42% since its peak at $3.40 on January 16, renowned technical trader Josh Olszewicz (@CarpeNoctom) warns that the next leg downward may be imminent. Sharing his daily chart analysis on X, Olszewicz writes, “1D XRP: H&S + bearish kumo breakout watch,” signaling that two significant technical developments could push XRP prices lower in the near future. Is XRP Poised To Crash Towards $1.24? The mention of an “H&S” refers to the Head and Shoulders pattern, a well-known reversal formation in technical analysis. The pattern typically emerges after a substantial upward rally and includes three successive peaks, with the middle peak (the “head”) higher than the flanking peaks (the “shoulders”). Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge In the case of XRP, Olszewicz’s chart suggests that the central head formed around $3.40 in mid-January, while the shoulders appear to be topping out between $2.83–$2.90. Technical analysts pay close attention to the “neckline,” which generally runs along a key support level beneath the peaks. When the price decisively breaks below this neckline, it is viewed as confirmation that selling pressure has overwhelmed buying interest, often leading to further downside. Olszewicz’s comment also highlights the phrase “bearish kumo breakout,” referencing the Ichimoku Cloud system, another prominent tool for charting and forecasting price momentum. Ichimoku Cloud analysis projects multiple moving averages forward on the chart and creates a “cloud” of support or resistance levels. A bearish kumo breakout arises when the price action clearly drops below the Ichimoku Cloud and the future cloud itself shifts in a way that indicates weaker bullish momentum. The core idea is that once an asset’s price slips under the cloud, a further decline becomes more likely, since the cloud that previously acted as support is no longer providing a cushion. From the chart Olszewicz provided, the current price action around $2.18 sits just above a conspicuous support area in the $2.00 region, which he interprets as the neckline for the Head and Shoulders pattern. If that zone gives way, bears could potentially dominate the market, with Fibonacci levels marked on the chart pointing to a possible first stop near $1.94, followed by an even steeper target. Related Reading: XRP Breaks Down Below Key Demand – Analyst Expects A Drop To $1.65 The chart appears to highlight a 161.8% Fibonacci extension level at around $1.24, which could come into play if selling accelerates. The presence of these Fibonacci levels does not guarantee a breakdown to those lows, but notably, a typical breakdown from the h&s pattern could spell even more doom. The profit target for the pattern is generally the price difference between the head and the low point of either shoulder. This difference is then subtracted from the neckline which could position the XRP price even below $1.00. Despite the stark warning about an impending “massive” price crash, it is crucial to note that Olszewicz’s commentary, “1D XRP: H&S + bearish kumo breakout watch,” should be viewed as an alert for traders rather than an irreversible prediction. Technical setups can fail if bullish momentum returns or if broader market fundamentals shift, but for now the entire crypto market seems driven by extreme fear. At press time, XRP traded at $2.03 Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

In line with the broader market trend, the XRP price is down almost -35% since its mid-January peak at $3.40, but according to analyst Dark Defender (@DefendDark), the downward trend may soon reach its conclusion. In his latest technical analysis, he highlights that XRP is finalizing an ABC correction pattern on the daily timeframe, supported by the fact that the Relative Strength Index (RSI) is approaching oversold conditions. This could indicate an imminent trend reversal leading to a new bullish wave structure. The ABC correction is a standard pattern in Elliott Wave Theory, representing a three-wave corrective movement that follows an impulsive rally. Wave A typically initiates the first decline, Wave B sees a temporary rebound, and Wave C marks the final leg down, often establishing a significant bottom. In XRP’s case, Dark Defender’s chart suggests that Wave C is nearing completion, meaning the asset may soon be ready for a new impulsive upward trend. Where Is The XRP Price Heading Next? From a technical perspective, XRP is approaching key support levels between $1.88 and $1.91, which could act as a strong foundation for a reversal. If price action confirms a bottom around this area, the next phase could involve a bullish breakout targeting several important resistance levels. The first key resistance sits at $2.44, which would need to be broken to confirm a shift in trend. Above that, the $2.99 zone becomes a critical hurdle before a potential rally toward $5.85, a level aligned with Fibonacci extensions. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Looking at additional indicators, the RSI on the daily timeframe is nearing oversold conditions, a historically reliable signal that suggests selling momentum may soon exhaust itself. A sharp rebound from this area would reinforce the case for a bullish reversal. Furthermore, the chart shows that XRP has been forming a descending wedge pattern, a structure that is commonly associated with breakouts to the upside. A decisive move above the wedge’s resistance trendline could provide the necessary confirmation for the start of a new Elliott Wave cycle. Dark Defender projects that, once the correction phase is complete, XRP could begin a five-wave impulsive structure targeting a move toward $3.00 in Wave 1, followed by a brief pullback before an extended rally toward $5.00 – $5.85 in Wave 3. Subsequent consolidation in Wave 4 would then set up a final surge toward $8.00 in Wave 5, aligning with the 2.618 Fibonacci level as a potential long-term target. Related Reading: XRP Breaks Down Below Key Demand – Analyst Expects A Drop To $1.65 For traders watching XRP’s price action, the $2.44 and $2.99 resistance levels will be critical. A breakout above these zones would confirm the start of a bullish uptrend, while failure to hold the $1.88 – $1.91 support range could signal further downside risk. With momentum indicators pointing toward exhaustion in selling pressure, a reversal seems increasingly probable, making this an important period for XRP’s market structure. “XRP is close to finalising the ABC correction pattern in the daily time frame, considering the lowest RSI figures. RSI is close to the oversold area. The expected first wave will be towards $3, and our aim will be between $5 and $8, with Wave 3-5,” Dark Defender concludes. At press time, XRP traded at $2.21. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrp price analysis #xrp technical analysis

Crypto analyst Egrag Crypto (@egragcrypto) has outlined both short-term and long-term trajectories for XRP, pinpointing potential upside targets that range from $4–$6 in the near term to $33–$60 over the long haul. The shared chart focuses on historical resistance levels, Fibonacci extension points, and a multi-phase Parabolic Arc formation. XRP Eyes $6—But This Key Level Stands In The Way Egrag Crypto’s chart shows XRP trading near $2.67, coming off a notable bullish surge but now contending with a red horizontal band between roughly $2.75 and $3.00. The upper boundary at $3.00 holds dual significance: it marks a psychologically important level and also corresponds to a critical area from previous cycle peaks. A monthly close above this line would strongly suggest a bullish continuation, potentially setting the stage for a move toward the next Fibonacci extension marks. “XRP current price action is trading at $2.67, showing a strong bullish move but facing resistance at the red horizontal zone (~$2.75-$2.83-$2.910 and $3.00),” Egrag states. The analyst particularly highlights Fib 1.414 near $4.30 and Fib 1.618 around $6.40 as the next barriers if $3.00 is decisively broken. A volume surge would strengthen the bullish case and provide extra confirmation for the run to unfold. Related Reading: XRP Price Consolidation Completed: Will Wave 3 Propel Prices Beyond The $5 Barrier? Failure to overtake $3.00, however, could trigger a correction back into the $1.90–$2.00 support region identified by earlier candle closes. Egrag Crypto notes that if $1.90 fails to hold, a more extensive drop toward $0.90–$1.00 could ensue, which the analyst labels as a potential “Black Swan” scenario likely driven by broader market turmoil rather than XRP-specific weakness. Egrag writes: “Breaking below $1.90 could shift sentiment to bearish, introducing downside risks toward the $0.90-$1.00 range. This would signal a potential Black Swan event across all markets! Such a collapse would be a challenging prelude before the ignition stage for XRP. Honestly, I don’t favor this scenario, as it would be stressful for all of us, including many OGs. Could the upcoming fort knox auditing be the catalyst for this Black Swan.” Related Reading: Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring In the long term, the chart presents three sweeping parabolic arcs—colored yellow, green, and blue—which suggest that XRP may be building a broad-scale bullish structure. Price targets in the $33–$60 range reflect these arcs and channel extensions, though much hinges on whether a monthly close above $3.00 can usher in sustained momentum. Beyond the $6.40 level at Fib 1.618, Egrag Crypto identifies additional Fibonacci-related checkpoints, such as $8, $13, $27, and $67 (Fib 1.888). These higher levels would remain speculative until XRP clears the nearer hurdles and demonstrates stable volume influx and price structure. “Volume and momentum confirmation would be crucial in the[se] coming phases,” he adds. While the path forward depends on technical breakouts, Egrag Crypto underscores that near-term movement around $3.00 will be pivotal for setting the tone. A successful break above resistance could confirm targets in the $4–$6 window, and eventually open the door to the lofty parabolic objectives. At press time, XRP traded at $2.6198. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #peter brandt #xrp news #xrp price analysis #xrp technical analysis #xrp chart analysis

Renowned technical analyst Peter Brandt stirred up the XRP community on January 30 by posting a daily price chart (XRP/USDT) suggesting a “bull flag” continuation pattern. Brandt, whose reputation in charting spans decades, highlighted $4.39541 as the upper price objective based on the current market structure. “Hey XRP_pill_poppers. To be clear: I could care less what XRP is going to do. If it goes up I want to be long. If it goes down I’ve never shorted it, but prefer to troll the poppers. No other way right now to define the chart other than a bull flag. Of course this could change,” Brandt remarked. XRP Bull Flag Formation From the analyst’s vantage point, XRP rallied sharply earlier in January, pushing above $2.6040 before topping near $3.2140. Once this peak formed, the market entered a brief pullback, creating a series of lower highs and lower lows—visualized by descending trendlines on Brandt’s chart. This consolidation resembles a textbook bull flag, a pattern typically interpreted as a pause in an ongoing uptrend. Brandt’s projected breakout could target the next prominent overhead region near $3.5487, with his ultimate bullish objective in the vicinity of $4.39541. These levels—shown by green lines on the chart—indicate possible resistance areas if XRP extends its rally upon confirming the flag’s upper boundary. Two moving averages are visible on Brandt’s chart: The 8-day moving average (green line) is currently hovering just above $3.00. It is helping to define short-term support levels. The 18-day moving average (orange line) is sloping upwards from below $2.70 and reinforces the broader uptrend in play. Meanwhile, the ADX reading of 17.05 suggests that the overall trend strength is moderate, leaving room for greater momentum if price breaks decisively from the flag. A 30-day Average True Range (ATR) value near 0.2135 underscores the daily volatility, which has risen compared to earlier phases but remains contained relative to some high-beta alternative coins. Brandt’s post sparked discussion among traders, including HTL-NL (@htltimor), who noted bullish confirmations using Wyckoff analysis. “Using Wyckoff, it looks good too. Of course, if $TC takes a dive, everything suffers, but it’s one of the better looking alt charts atm,” he stated. Brandt replied with approval, stating “Good confirmation from a good source.” According to the Wyckoff-based chart shared by HTL-NL, XRP has been tracing a series of classic phases—Beginning with the Automatic Rally (AR) after a Selling Climax (SC), followed by multiple Secondary Tests (ST), and culminating in what appears to be a Sign of Strength (SoS). The SoS label often marks the point at which demand decisively overcomes supply, with price pushing above a key resistance level and maintaining support above previously tested zones. This behavior is further supported by volume signatures that show interest resurging during rallies and diminishing on pullbacks. In Wyckoff terms, a successful SoS within a re-accumulation structure typically paves the way for continued upside. The blue line labeled “BUEC” (Back Up to Edge of the Creek) suggests XRP has already retested its last major resistance as support. Should it hold these levels and confirm the SoS, Wyckoff analysts would anticipate a drive toward higher targets, aligning with Brandt’s bullish flag projection. At press time, XRP traded at $3.09. Featured image created with DALL.E, chart from TradingView.com

#xrp #xrp price #xrp news #xrpusd #xrp price analysis #xrp technical analysis

Renowned trader and market commentator Jacob Canfield (@JacobCanfield) has identified XRP as the standout performer among altcoins, sharing a price chart on X that underscores the token’s recent momentum. While most altcoins have suffered double-digit losses in recent days, the XRP price has held up exceptionally well. XRP Builds Strong Momentum The daily chart for the XRP/USD perpetual contract on ByBit reveals a steady climb from sub-$0.50 levels in early November to a current consolidation area around $3.10. The overall picture shows a series of higher highs and higher lows, affirming XRP’s ongoing bullish structure. The initial rally began below $0.50, gathering momentum through November and early December. By late December, XRP had reached the $2.00 region, briefly consolidating before continuing its move upward. Around mid-January, the token surpassed $3.00, topping out near $3.20 before experiencing a pullback. Related Reading: XRP Rebound Gains Traction As Bulls Aim To Sustain The Momentum Canfield’s chart highlights several key support and resistance levels, including a pink demand zone around $1.90–$2.00 that has repeatedly acted as a strong base whenever price has dipped. A sharp wick into this zone, followed by a swift recovery, suggests that bulls are consistently defending the $2.00 threshold. Higher on the chart is a black horizontal line near $2.90, which marked the local top in early December 2024 and is now serving as support. XRP’s historical support levels—marked at $0.5478, $0.3125, and $0.1778—sit far below current market prices but provide context for significant regions observed in past trading cycles. Recent candlestick patterns reflect notable volatility around $3.00. A sudden drop briefly took the market under $2.65, but the price rebounded almost as quickly. This type of sharp dip and recovery often implies sufficient liquidity and a willingness among traders to absorb sell orders. The cluster of candlesticks near $3.05–$3.10 indicates a balance between buying and selling pressure at a pivotal resistance zone; a decisive move up or down may set the tone for near-term momentum. Related Reading: Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead? In his brief yet emphatic comment—“XRP – Unironically looks like the best altcoin chart in crypto right now”—Canfield expresses a bullish view based on the chart’s clear structure and resilient demand. He points to the strength of the uptrend, well-defined support and resistance levels, and what appears to be robust interest in defending key zones. Although he has not offered explicit price targets, the chart reveals the importance of holding above $3.00 which aligns with the pivotal 0.5 Fibonacci retracement level (drawn from the mid-January peak) and potentially breaking past $3.24 (0.786 Fibonacci retracement level). In a worst case scenario, a deeper correction could revisit the $2.00 demand zone, where XRP has found considerable support in recent months. Whether XRP can sustain its position and build upon its market traction remains to be seen, but its technical framework has attracted the attention of many traders looking for altcoins with strong trend dynamics. Featured image created with DALL.E, chart from TradingView.com

#ripple #xrp #xrp price #xrp news #xrpusdt #xrp price analysis #xrp bollinger bands #xrp technical analysis #ripple xrp

XRP has faced significant selling pressure over the past several hours, causing the price to dip to new local lows around $2.65. This decline comes after a period of heightened volatility in the broader cryptocurrency market. While the long-term outlook for XRP remains bullish, the recent drop highlights risks that investors need to monitor closely. Related Reading: Solana Active Addresses Surge To 832K Per Hour Outpacing Ethereum Amid TRUMP Meme Coin Hype Top analyst Ali Martinez shared insights on X, pointing to a critical development on XRP’s daily chart. He revealed that the Bollinger Bands, a popular technical analysis indicator, were tightening prior to the drop. This “squeezing” pattern is often a precursor to a significant price movement, signaling a shift in market dynamics. As XRP moved below key demand levels, the breakdown has left traders speculating about the next possible move. Some see this as a temporary setback within a larger bullish trend, while others warn that continued selling pressure could lead to further declines. For now, XRP is at a pivotal juncture. Investors and analysts alike are closely watching for signs of stabilization and a potential rebound, which will be critical for maintaining confidence in the token’s long-term trajectory. The coming days will likely reveal whether XRP can regain momentum or continue to face downward pressure. XRP Faces Intense Volatility Amid Speculation  XRP has been at the center of market activity, with massive price swings dominating the past few weeks. The cryptocurrency has faced significant volatility, and analysts predict that the coming days could bring even more aggressive movements. Despite the turbulence, many investors view this as a strategic opportunity, maintaining optimism about XRP’s long-term growth potential. Top crypto analyst Ali Martinez recently shared a key technical insight on X, pointing to tightening Bollinger Bands on XRP’s daily chart. This pattern is often associated with periods of reduced volatility followed by sharp price movements. True to form, the anticipated move materialized, leading to a dramatic price drop of over 15% in just a few hours. This steep decline has raised questions about XRP’s immediate future. While the long-term outlook remains positive for many, the recent drop has sparked concerns that XRP may be entering a deeper consolidation phase. Such phases are often necessary for market recalibration but can test investor patience and resilience. Related Reading: Ethereum Whales Keep Buying As Price Struggles – Expert Discloses Massive Accumulation The market’s current mood is mixed, with bullish investors eyeing this period as a potential accumulation phase. Meanwhile, analysts continue to monitor key technical indicators to determine whether XRP is poised for a rebound or further downside. The coming days will be crucial in shaping XRP’s trajectory and whether it can maintain its reputation as a resilient player in the crypto space. Signs of Recovery Amid Recent Volatility XRP is trading at $2.76 following a sharp drop into the $2.65 level during recent market turbulence. Despite the downturn, the price has demonstrated resilience, recovering approximately 5% in the past few hours. This rebound has brought a sense of cautious optimism among investors and traders. For bulls to reclaim momentum and steer XRP back toward bullish territory, holding above the critical $2.80 level is essential. This mark has emerged as a key threshold for maintaining upward pressure and preventing further downside. A strong defense of this level could set the stage for a broader recovery, attracting fresh buying interest and improving market sentiment. Related Reading: Cardano Consolidates In A Symmetrical Triangle – Analyst Expects A 40% Move While XRP’s long-term outlook remains constructive, the current market environment is marked by uncertainty and heightened volatility. Traders are closely watching for confirmation of strength above the $2.80 level, which would signal that bulls are regaining control. Failure to hold this mark could result in another test of the recent $2.65 lows, potentially leading to a deeper consolidation phase. Featured image from Dall-E, chart from TradingView