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XRP has been navigating a volatile consolidation phase since late January, shedding over 40% of its value from its most recent all-time high. While the broader crypto market has struggled under the weight of macroeconomic uncertainty, XRP has managed to outperform many altcoins during this downturn. Several major altcoins have lost more than 60% of their value during the same period, highlighting XRP’s relative strength despite the ongoing correction. Related Reading: Chainlink Weekly Indicator Flashes Buy Signal – Can Bulls Hold $13.20 Support? Global financial markets remain under pressure, with inflation concerns, geopolitical tensions, and interest rate uncertainty fueling a risk-off environment. These macro factors continue to ripple through the crypto space, dragging down sentiment and slowing momentum across most digital assets. However, on-chain data from Santiment has revealed an interesting development for XRP. The MVRV (Market Value to Realized Value) Ratio has just dipped below its 200-day moving average — a crossover that historically signals a potential macro trend shift. This could be an early indication of a possible accumulation phase or a deeper correction, depending on how price reacts in the coming weeks. With volatility high and sentiment mixed, XRP’s ability to hold its ground and respond to key on-chain signals will be crucial in determining its next move. XRP Holds Above $2 as Market Tension Builds XRP is currently facing a crucial test as it hovers just above the $2 mark — a key psychological and structural support level. Analysts warn that if this level fails to hold, it could trigger a steep correction and send XRP into a deeper downtrend. The market is on edge, with sentiment growing increasingly split and volatile. Some investors remain optimistic, arguing that XRP is positioned to reclaim its range highs once macro conditions stabilize and market confidence returns. They point to XRP’s relative strength in recent months compared to other altcoins, believing that any recovery across crypto could quickly lift XRP back into its previous trading range. However, others are more cautious, pointing to weakening momentum and uncertain price structure. A growing number of analysts believe XRP may be entering a new bearish phase, particularly if the $2 support fails. Adding to this tension, top analyst Ali Martinez shared insights on X highlighting a key on-chain development: the XRP MVRV (Market Value to Realized Value) Ratio has dipped below its 200-day moving average. Historically, this crossover has signaled a potential macro trend shift in price action. While not inherently bearish, it often precedes major directional moves — up or down. As XRP teeters on the edge, this MVRV signal may prove crucial in determining the next leg. If bulls can hold $2 and reclaim momentum, XRP could recover swiftly. If not, a bearish outlook could materialize quickly. The coming days may define the trajectory of XRP for the rest of the quarter. XRP Bulls Fight to Hold Key Support XRP is trading at $2.13 after several days of sustained selling pressure, marking a decline of over 21% since March 19. The recent downturn has put bulls on the defensive, with the $2 level now acting as a critical support zone. If XRP fails to hold above this mark, it could confirm a shift toward a bearish trend and open the door to further downside in the short term. For bulls to regain momentum, defending $2 is essential — but holding support alone won’t be enough. XRP must also reclaim the $2.40 resistance level, which has acted as a ceiling during recent attempts to break higher. A successful move above $2.40 could reignite bullish sentiment and potentially push XRP toward new all-time highs. However, the broader market remains fragile, and investor confidence is shaky amid macroeconomic uncertainty. A breakdown below $2 would likely trigger increased selling pressure and confirm that the recent upswing was only a temporary bounce within a larger corrective structure. Related Reading: Dogecoin Holds Key Support: A Demand Spike Could Trigger A Rally The coming days are critical for XRP. Whether bulls can defend $2 and begin a recovery, or if bears take control, will determine the next direction of the trend. Featured image from Dall-E, chart from TradingView 

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XRP price started a fresh decline below the $2.080 zone. The price is now recovering some losses and might face hurdles near the $2.150 level. XRP price started a fresh decline after it failed to clear the $2.20 resistance zone. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.10 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it fails to clear the $2.150 resistance zone. XRP Price Faces Resistance XRP price failed to continue higher above the $2.20 resistance zone and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.150 and $2.10 levels. The pair even declined below the $2.050 zone. A low was formed at $2.023 and the price is now attempting a recovery wave. There was a move above the $2.050 level. The price cleared the 23.6% Fib retracement level of the recent decline from the $2.215 swing high to the $2.023 low. The price is now trading below $2.120 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.10 level. There is also a connecting bearish trend line forming with resistance at $2.10 on the hourly chart of the XRP/USD pair. The trend line is near the 50% Fib retracement level of the recent decline from the $2.215 swing high to the $2.023 low. The first major resistance is near the $2.150 level. The next resistance is $2.1680. A clear move above the $2.1680 resistance might send the price toward the $2.20 resistance. Any more gains might send the price toward the $2.220 resistance or even $2.250 in the near term. The next major hurdle for the bulls might be $2.2880. Another Decline? If XRP fails to clear the $2.120 resistance zone, it could start another decline. Initial support on the downside is near the $2.050 level. The next major support is near the $2.020 level. If there is a downside break and a close below the $2.020 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.050 and $2.020. Major Resistance Levels – $2.120 and $2.150.

#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

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XRP price started a fresh decline below the $2.20 zone. The price is now showing a few bearish signs and might decline below the $2.050 level. XRP price started a fresh decline after it failed to clear the $2.220 resistance zone. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.1480 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it breaks the $2.050 support zone. XRP Price Dips Further XRP price failed to continue higher above the $2.220 resistance zone and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.20 and $2.120 levels. The pair even tested the $2.080 zone. A low was formed at $2.081 and the price is now consolidating losses. The current price action is bearish below the 23.6% Fib retracement level of the recent decline from the $2.215 swing high to the $2.081 low. The price is now trading below $2.150 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.150 level. There is also a connecting bearish trend line forming with resistance at $2.148 on the hourly chart of the XRP/USD pair. The trend line is near the 50% Fib retracement level of the recent decline from the $2.215 swing high to the $2.081 low. The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.280 resistance or even $2.30 in the near term. The next major hurdle for the bulls might be $2.320. More Losses? If XRP fails to clear the $2.15 resistance zone, it could start another decline. Initial support on the downside is near the $2.080 level. The next major support is near the $2.050 level. If there is a downside break and a close below the $2.050 level, the price might continue to decline toward the $2.00 support. The next major support sits near the $1.880 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.080 and $2.050. Major Resistance Levels – $2.150 and $2.20.

#xrp #xrp price #xrp news #xrpusd #xrpusdt #fibonacci retracement #fibonacci extension #ascending channel #tehthomas

The XRP price is gearing up for another bullish move upward, as a crypto analyst has predicted a 20% surge in the near future. This optimistic forecast is backed by the formation of a key technical pattern called the Golden Pocket and indicators including strong support levels and a critical resistance zone.   Golden Pocket Signals XRP Price Surge According to TradingView analyst TehThomas, the XRP price is currently trading within a well-defined Ascending Channel, setting the stage for a potential 20% move upwards. In the 4-hour time frame, XRP has continued to respect this Ascending Channel, forming higher highs and higher lows — a key indicator of a sustained uptrend. Related Reading: XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible Interestingly, the most notable development in XRP’s price action is the appearance of a Golden Pocket on its chart. A Golden Pocket is a key Fibonacci retracement area that is often used to identify potential support and resistance levels. It represents a complete trend reversal for a cryptocurrency and a possibility of an aggressive uptrend. The TradingView analyst has revealed that XRP’s current Golden Pocket aligns with an imbalance zone, an area of unfilled liquidity where prices typically revisit before resuming movement.  In the chart, XRP’s Golden Pocket sits between the 0.618 – 0.65 Fibonacci retracement level — a well-known area where the price usually finds strong support before continuing the trend. Historically, XRP has reacted twice from this key level, indicating that buyers have been actively defending this area.  TehThomas has predicted that as long as the XRP price can hold above the key Fibonacci retracement level, which also acts as a critical resistance, the cryptocurrency’s bullish structure will remain unchanged. Additionally, XRP could be primed for a massive rally toward the 0.618 Fibonacci extension level, which corresponds with the upper boundary of the Ascending Channel.  If this bullish momentum continues, it means that the analyst expects the XRP price to see a rally to a target between the $2.8 to – $2.9 range. This represents a 29% price increase from XRP’s current price of $2.2.  Short-Term Resistance Could Trigger Decline TehThomas’s bullish outlook for the XRP price, the TradingView analyst noted that the 1-hour time frame presents short-term resistance, which could lead to a significant pullback before the next leg up. XRP recently faced a rejection at the imbalance zone, indicating that sellers are increasing activity at this level.  Related Reading: XRP Open Interest Loses Over $3 Billion In 3 Months Amid Market Turmoil Previously, when the price struggled to break the imbalance zone, it highlighted a lack of liquidity to sustain a continued uptrend. A repeat of this could result in a retracement toward the Golden Pocket in the 4-hour timeframe.  Notably, a confirmed breakout from the 1-hour imbalance timeframe could reinforce XRP’s bullish momentum, supporting its projected move toward upper levels of the Ascending Channel. However, a failure could shift this bullish structure, leading to a deeper correction toward lower support levels. Featured image from iStock, chart from Tradingview.com

#ripple #xrp #xrp price #xrp news #xrpusdt #xrp bullish #xrp selling #xrp price analysis #ripple xrp

XRP is facing a pivotal moment after failing to test the $2.60 resistance level, with price action now leaning toward critical demand. The token continues to trade sideways in a wide range, reflecting growing uncertainty as the broader crypto market faces renewed selling pressure. Despite a strong performance in recent weeks, bulls are struggling to maintain momentum, and the inability to push higher has left XRP vulnerable to further consolidation or downside. Related Reading: XRP Open Interest Has Surged 36% In Two Weeks – Is Momentum Building? The market’s overall risk-off sentiment is making it difficult for altcoins like XRP to establish a clear direction. Investors remain cautious, and bulls must now defend key support zones to avoid triggering a deeper correction. XRP is approaching a critical demand area that could determine its short-term trajectory. Crypto analyst, Ali Martinez, shared insights on X, pointing to a potential bullish scenario if XRP can break above the $3 mark. According to Martinez, such a move would invalidate the current head-and-shoulders pattern forming on the chart, effectively flipping the outlook in favor of the bulls. XRP Faces Key Breakout Test Amid Market Uncertainty XRP is approaching a critical point in its price structure, where a breakout above key levels could trigger a major uptrend. However, investors remain cautious, with many worried that the current setup may be a bull trap — especially given the unstable macro environment. Since late January, financial markets have faced growing turbulence, fueled by trade war fears and erratic policy behavior from U.S. President Donald Trump. This uncertainty has weighed heavily on risk assets, including cryptocurrencies, and continues to prevent clear trend formation across the board. XRP’s price action reflects this broader market indecision. While the token has shown resilience, it remains locked in a wide range, unable to build sustained bullish momentum. The recent failure to break above the $2.60 resistance level has added to investor concern, as selling pressure appears to be creeping back into the market. Martinez weighed in on the situation, highlighting a technical level that could define XRP’s short-term trajectory. According to Martinez, if XRP can break above the $3 mark, it would invalidate the current head-and-shoulders pattern forming on the chart — a pattern typically associated with trend reversals. Such a move would flip the market outlook bullish and open the door for a major rally. Until that breakout occurs, however, the head-and-shoulders structure remains in play, and downside risks cannot be ignored. Investors are watching closely as XRP trades near critical support and resistance levels, knowing that the next breakout or breakdown could shape its direction for weeks to come. For now, XRP remains caught in a tight battle between bearish pressure and bullish potential. Related Reading: Avalanche 12-Hour TD Sequential Flashes Sell Signal After Nailing 50% Rally – Details Bulls Defend Key Support at $2.20 XRP is currently trading at $2.22 after losing the critical $2.40 level, which aligns with both the 4-hour 200 moving average (MA) and the exponential moving average (EMA). This breakdown has weakened short-term momentum, placing bulls in a defensive position as selling pressure begins to build. The $2.20 level now stands as a key support zone that must be defended to avoid a deeper correction. To regain strength and shift momentum back in favor of the bulls, XRP must reclaim the $2.35 level in the coming sessions. A move above this resistance zone would indicate renewed buying interest and potentially trigger a push back toward the $2.60 range. Until then, price action remains fragile, with investors watching closely for confirmation. Related Reading: Solana Tags Upper Bollinger Band For First Time Since ATH — Is Momentum Returning? However, if XRP fails to hold above $2.20, the market could see a sharp drop toward the $2.00 mark — a psychological and structural support level that has held in previous corrections. Such a move would likely confirm bearish dominance in the short term and further delay any potential breakout. As volatility continues to build, the next few hours could be crucial for XRP’s short-term trend direction. Featured image from Dall-E, chart from TradingView 

#xrp #altcoin #xrp price #peter brandt #coinmarketcap #xrp news #xrpusd #xrpusdt #ali martinez #dark defender #head and shoulder pattern

Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he highlighted a head-and-shoulders pattern that could spark the breakdown below $2.  Peter Brandt Identifies XRP Head And Shoulders Pattern In an X post, Brandt revealed that XRP is forming a textbook head-and-shoulders pattern, which has caused the altcoin to range-bound. He added that the head-and-shoulders pattern projects a price decline to as low as $1.07. The analyst’s accompanying chart showed that XRP could witness a freefall to this target if it loses the $1.9 support.  Related Reading: Analyst Unveils Extended XRP Price Target To $44, Reveals When To Take Profits Crypto analyst CasiTrades had also recently raised the possibility of XRP dropping to as low as $1.54. She revealed that a break below the $2.25 support and lower support at $1.90 could lead to this breakdown to $1.54. However, the analyst suggested that the probability of this happening was really low, as the $2.25 support is holding really strongly.  Meanwhile, crypto analyst Ali Martinez also discussed the head-and-shoulders pattern that had formed for the XRP price. In an X post, he stated that if XRP can break above $3, it would invalidate the current head-and-shoulders pattern, a development that could flip the altcoin’s outlook to bullish. In his analysis, Brandt had also hinted that a rally above $3 could invalidate the bearish pattern.  Martinez’s accompanying chart showed that XRP could drop to as low as $1.25 if this head-and-shoulders pattern plays out. In another post, he again raised the possibility of XRP suffering this price breakdown, while stating that the $2 price level remains the critical support level for the crypto.  Bullish Outlook For The Altcoin In an X post, crypto analyst Dark Defender provided a bullish outlook for the XRP price, predicting it could reach as high as $23.20. The analyst claimed that the third wave targets a rally of between $5.85 and $8.076. Meanwhile, the fifth wave is expected to finish the move between $18.22 and $23.20.  Related Reading: This Crypto Analyst Correctly Predicted XRP Price Crash Below $2, Here’s The Rest Of The Forecast This prediction came as part of Dark Defender’s analysis of the 3-month candle. He affirmed that XRP boasts a clear bullish momentum on this higher timeframe. He added that there are ups and downs in smaller time frames, but the higher frames supersedes the smaller ones.  In another post, the analyst assured XRP’s consolidation will be over soon. He revealed that the altcoin has formed a great bullish rectangle pattern and that the next leg up will send it to new all-time highs (ATHs).  At the time of writing, the XRP price is trading at around $2.25, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

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XRP price started a fresh decline below the $2.420 zone. The price is now showing a few bearish signs and might decline below the $2.30 level. XRP price started a fresh decline after it failed to clear the $2.420 resistance zone. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it breaks the $2.30 support zone. XRP Price Extends Losses XRP price failed to continue higher above the $2.420 resistance zone and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.40 and $2.35 levels. The pair even tested the $2.30 zone. A low was formed at $2.301 and the price is now consolidating losses. The current price action is bearish below the 23.6% Fib retracement level of the recent decline from the $2.478 swing high to the $2.301 low. The price is now trading below $2.38 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.35 level. There is also a connecting bearish trend line forming with resistance at $2.35 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.3850 level or the 50% Fib retracement level of the recent decline from the $2.478 swing high to the $2.301 low. The next resistance is $2.420. A clear move above the $2.420 resistance might send the price toward the $2.450 resistance. Any more gains might send the price toward the $2.50 resistance or even $2.550 in the near term. The next major hurdle for the bulls might be $2.620. More Losses? If XRP fails to clear the $2.40 resistance zone, it could start another decline. Initial support on the downside is near the $2.30 level. The next major support is near the $2.20 level. If there is a downside break and a close below the $2.20 level, the price might continue to decline toward the $2.120 support. The next major support sits near the $2.050 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.30 and $2.20. Major Resistance Levels – $2.40 and $2.420.

#ripple #xrp #xrp price #xrp news #xrpusdt #xrp analysis #xrp bullish

XRP is trading above key support levels after several days of intense volatility driven by macroeconomic concerns and mounting trade war fears. Since March 11, XRP has jumped more than 35%, showing signs of renewed strength as bulls attempt to reclaim higher price levels and ignite a fresh rally. The move comes at a time when broader altcoin sentiment remains fragile, with no clear direction for the market in the weeks ahead. Related Reading: Ethereum Reclaims Realized Price – Bulls Face Strong Resistance At $2,300 Despite the uncertain landscape, XRP’s recent price action has caught the attention of traders and analysts alike. One of the more notable developments is the sharp rise in capital flowing into XRP futures. According to on-chain data from Glassnode, total capital allocated to XRP futures contracts has surged 36% in just two weeks. This increase in open interest points to rising trader confidence and suggests that many are positioning for more upside. Still, macro headwinds and technical resistance levels pose challenges. For XRP to maintain momentum, bulls must hold current levels and continue pushing toward key breakouts. With volatility likely to remain high, all eyes are on XRP’s next move as market pressure continues to mount. XRP Bulls Eye Breakout Amid Market Uncertainty XRP is at a pivotal moment, with price action showing early signs of strength that could lead to a major breakout — if bulls manage to reclaim key levels. After a 35% surge since March 11, the token now faces strong resistance zones that could either trigger a powerful rally or confirm investor fears of a bull trap. The broader market context only adds to the uncertainty. Since late January, financial markets — including crypto — have been shaken by growing trade war concerns and erratic policy signals from U.S. President Donald Trump. This instability has made traders more cautious, with many questioning whether current altcoin gains can be sustained. Selling pressure remains a threat, and failure to hold support levels could quickly reverse recent progress. Despite these concerns, XRP’s on-chain and derivatives data suggest that bullish momentum is building. Top analyst Ali Martinez shared on X that the total capital allocated to XRP futures contracts has surged 36% in just two weeks, rising from $2.12 billion to $2.89 billion. This spike in open interest reflects increased confidence from traders and suggests that many are positioning for further upside. However, confirmation is still needed. XRP must reclaim critical resistance zones and sustain its gains to avoid a deeper pullback. Related Reading: Solana Tags Upper Bollinger Band For First Time Since ATH — Is Momentum Returning? Bulls Defend Key Support At $2.25 XRP is currently trading at $2.35 after several days of failed attempts to break above the $2.60 resistance level. This price zone has proven difficult to overcome, with repeated rejections keeping the bullish momentum in check. For XRP to initiate a strong upward move, bulls must reclaim $2.60 with conviction — a breakout that could trigger a surge toward the upper boundary of its current range. On the higher timeframe, XRP remains locked in a clear weekly range between the $2 support level and the $3.40 resistance. This range has defined price action for weeks, and traders are closely watching for a breakout in either direction. The $2.60 level sits just below the mid-range, making it a critical point for bulls to reclaim in order to gain control of the trend. Related Reading: Ethereum Accumulation Is Almost Over – Breakout Above $2,200 Could Trigger Expansion Phase However, if bulls fail to hold the $2.25 support zone, a move back toward the bottom of the range is likely. A breakdown below $2.25 could open the door for a retest of the $2 level — a key psychological and structural support. Until then, XRP’s next major move hinges on whether buyers can push past resistance or fold under renewed selling pressure. Featured image from Dall-E, chart from TradingView 

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XRP price started a fresh decline from the $2.50 resistance zone. The price is now recovering and might face resistance near the $2.42 level. XRP price started a fresh decline after it failed to clear the $2.50 resistance zone. The price is now trading below $2.420 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2.440 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it breaks the $2.350 support zone. XRP Price Dips Again XRP price failed to continue higher above the $2.50 resistance zone and reacted to the downside, like Bitcoin and Ethereum. The price declined below the $2.42 and $2.40 levels. There was a break below a connecting bullish trend line with support at $2.440 on the hourly chart of the XRP/USD pair. The pair even spiked below $2.35. A low was formed at $2.329 and the price is now recovering some losses. There was a move above $2.38. The price surpassed the 23.6% Fib retracement level of the recent decline from the $2.478 swing high to the $2.329 low. The price is now trading below $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level and the 50% Fib retracement level of the recent decline from the $2.478 swing high to the $2.329 low. The first major resistance is near the $2.420 level. The next resistance is $2.450. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.620 resistance or even $2.6650 in the near term. The next major hurdle for the bulls might be $2.80. More Losses? If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 level or the trend line. The next major support is near the $2.320 level. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.150 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.350 and $2.320. Major Resistance Levels – $2.420 and $2.450.

#xrp #xrp price #xrp news #xrpusd #xrpusdt #egrag crypto

Egrag Crypto, a prominent crypto market analyst on X (formerly Twitter), has unveiled new bullish projections for the XRP price, with an ambitious extended target of $44. The price forecast has sparked excitement among investors, especially as the analyst reveals the ideal time to take profits.  XRP Price Next Bullish Targets Unveiled On March 25, Egrag Crypto shared an XRP price analysis, revealing several measured bullish targets for the cryptocurrency. The analyst predicted that his extended or long-term price target for XRP was $44, representing a massive 1,688% increase from its present market value.  Related Reading: XRP Price Ready To Bounce Back Above $3 If Bulls Can Hold This Level Egrag Crypto’s future price projections for XRP highlight a conservative target of $15, a normal measurement of $22, a personal target of $27, and an extended measurement of $44. While the extended bullish target represents the most ambitious scenario, considering XRP is still trading under $3, the analyst suggests that the cryptocurrency could first reach these intermediate levels before making a push toward $44. Notably, the analyst has shared a chart, highlighting XRP’s support and resistance levels, and historic trendlines. The upward blue trendline represents a long-term rising support level at $1.99. Additionally, the white and black horizontal lines in the chart show that the XRP price recently broke above a key resistance zone, further reinforcing its bullish position.  Egrag Crypto also cites XRP’s historical price action and trend lines as support for his projected bullish targets. The yellow arrow in the chart shows that in 2018, the cryptocurrency experienced a major price surge to its current ATH of $3.84. As highlighted by the blue arrow, another major price spike occurred in the last bull run in 2021. Following this bull market trend, XRP is expected to rally again before the end of the bull cycle in Q4 2025. While this projected surge to $44 may seem rather ambitious, XRP has historically demonstrated the potential for exponential growth during bull cycles. Just this year, the cryptocurrency had surpassed expectations, jumping from $0.5 to $3 for the first time in almost 7 years.  When Traders Can Take Profits While the extended bullish measurement of $44 is an optimistic scenario for the XRP price, Egrag Crypto has advised investors to be strategic with their profit-taking approach. The analyst suggests that traders can consider securing profits as prices gradually go up rather than waiting for the highest possible price, which can be unpredictable. This strategy prioritizes risk management, guaranteeing some returns even if the price of the cryptocurrency later drops.  Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Egrag Crypto’s XRP price chart shows that during the last rally, the analyst took profits early at $2.42 instead of waiting for a price peak. This time, he has identified the price point between $5 and $9 as a key zone where traders can start taking profits before XRP reaches its first conservative target of $15. Featured image from iStock, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a fresh recovery wave above the $2.40 zone. The price is now correcting gains from $2.50 and might revisit the $2.35 support. XRP price started a fresh recovery wave above the $2.40 resistance zone. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at $2.430 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if it breaks the $2.40 support zone. XRP Price Trims Gains XRP price remained supported and started a recovery wave above the $2.320 zone, like Bitcoin and Ethereum. The price was able to clear the $2.40 and $2.420 resistance levels. The bulls were able to push the price above the 50% Fib retracement level of the downward wave from the $2.580 swing high to the $2.354 low. The price even tested the $2.50 resistance. However, there was no upside continuation and the price reacted to the downside. There was a break below a connecting bullish trend line with support at $2.430 on the hourly chart of the XRP/USD pair. The price is now trading above $2.40 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.450 level. The first major resistance is near the $2.480 level. The next resistance is $2.50 or the 61.8% Fib retracement level of the downward wave from the $2.580 swing high to the $2.354 low. A clear move above the $2.50 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.6650 in the near term. The next major hurdle for the bulls might be $2.80. More Losses? If XRP fails to clear the $2.480 resistance zone, it could start another decline. Initial support on the downside is near the $2.40 level. The next major support is near the $2.350 level. If there is a downside break and a close below the $2.350 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.250 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.40 and $2.350. Major Resistance Levels – $2.480 and $2.50.

#xrp #xrp price #elliot wave #xrp news #xrpusd #xrpusdt #steph is crypto

The XRP price has been consolidating for an extended period after its previous rally. However, a crypto analyst warns that the cryptocurrency could face a flash crash in April, potentially driving its price to new lows. Despite this, the analyst anticipated that the downturn may be short-lived, predicting a rebound shortly after.  MetaShackle, a crypto analyst on TradingView, has shared a chart presenting an Elliott Wave-based analysis of XRP’s price movements. The analyst has also used technical levels such as Fair Value Gaps (FVGs), liquidity zones, and trendlines to determine XRP’s next price action. XRP Price False Breakout Ahead Of Flash Crash According to MetaShackle’s analysis, XRP may be heading for a false breakout in the coming weeks, followed by a sudden flash crash that could liquidate overleveraged traders. While this deep correction could shake out weak hands, the analyst also outlines a path for a massive rally later in the Second Quarter (Q2) of 2025, potentially pushing XRP to a new all-time high.  Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge The XRP price chart follows an advanced 6-wave pattern, with a potential 7th-wave breakout. XRP is currently in Wave 4 of a larger cycle. While Waves 1 to 3 represented a strong upward move, Wave 4 triggered a major correction for the XRP price. If Wave 4 is completed, the cryptocurrency’s price could push higher into Wave 5, reaching $2.80 – $3.00, where an FVG awaits. This move would create a false breakout, taking out liquidity above recent highs.  After the projected false breakout, XRP is expected to experience a flash crash in Wave 6 by April 2025. This flash crash will likely hold above the lower white trendline after breaking the upper trendline and targeting the green target area between $1.6 and $1.4 $highlighted by the chart.  The flash crash in April is a theoretical move in which the XRP price retraces sharply before a real breakout. This breakout is expected to start in Wave 7, potentially leading to a price discovery for XRP and reaching a likely target of $3.00 before skyrocketing to new highs above $3.6. Notably, the analyst predicts that Wave 7 will begin in May 2025. The breakout is anticipated to take out previous all-time highs for the altcoin, surpassing its $3.84 price record in 2018. Update On Price Analysis The XRP price is now trading at $2.44 after increasing by 4.56% in the past week. Despite a sharp price crash from its $3.00 high earlier this year, the cryptocurrency remains resilient, and analysts are closely watching its next move.  Related Reading: XRP Threatens Death Cross On 4-Hour Chart, Is Another Crash Coming? Notably, analysts continue to take a bullish stance on the XRP price outlook, predicting a potential breakout in the short term. An X (formerly Twitter) market expert, identified as ‘Steph Is Crypto,’ forecasts that the asset could surge to $3.4 soon, marking a 39.34% jump from its market price. Featured image from Adobe Stock, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #xrpbtc

XRP price started a fresh recovery wave above the $2.250 zone. The price is now consolidating and might clear the $2.4650 resistance zone. XRP price started a fresh recovery wave above the $2.320 resistance zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.4650 resistance zone. XRP Price Eyes Breakout XRP price remained supported and started a recovery wave above the $2.20 zone, like Bitcoin and Ethereum. The price was able to clear the $2.250 and $2.320 resistance levels. The bulls were able to push the price above the 23.6% Fib retracement level of the downward move from the $2.581 swing high to the $2.354 low. Besides, there was a break above a connecting bearish trend line with resistance at $2.40 on the hourly chart of the XRP/USD pair. The price is now trading above $2.320 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.450 level. The first major resistance is near the $2.4650 level or the 50% Fib retracement level of the downward move from the $2.581 swing high to the $2.354 low. The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.550 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.6650 in the near term. The next major hurdle for the bulls might be $2.80. Another Drop? If XRP fails to clear the $2.4650 resistance zone, it could start another decline. Initial support on the downside is near the $2.400 level and the trend line. The next major support is near the $2.350 level. If there is a downside break and a close below the $2.350 level, the price might continue to decline toward the $2.320 support. The next major support sits near the $2.250 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.40 and $2.350. Major Resistance Levels – $2.4650 and $2.50.

#xrp #xrp price #rsi #xrp news #xrpusd #xrpusdt #m&a #moving average #relative strength index #consolidation

The XRP price is showing signs of a potential breakout, with a crypto analyst pointing to key technical indicators that suggest a potential surge to $4. Notably, the cryptocurrency has been trading within a descending trendline, but a decisive move above this resistance could ignite a long-awaited rally to a new all-time high. XRP Price Eyes Breakout To $4 According to pseudonymous TradingView crypto analyst ONE1iMPACT, the XRP price has been making lower highs, forming a descending trendline on the 8-hour chart. The analyst’s chart analysis highlights key technical indicators based on price action that suggest that the XRP price may be gearing up for a possible rally to $4. Related Reading: XRP Price Face Major Resistance At $2.9, Why This Analyst Believes $20 Is Still Possible XRP’s projected surge to a $4 ATH is dependent on how it reacts to the descending trendline, which acts as a critical resistance area. With this in mind, a breakout and close above this trendline with higher-than-average volume signals bullish momentum for the XRP price. Interestingly, the analyst disclosed that the market is currently hovering near or just below a key Moving Average (MA), indicated by the blue line in the chart. If XRP’s price can reclaim and hold above this MA, it would reinforce its bullish position and solidify the analyst’s optimistic price target. On the flip side, if it remains below this MA, the TradingView expert believes that it would put a barrier to its upside potential.  Moving forward, the analyst has shared key technical areas that could determine XRP’s next price movements. He revealed that if the cryptocurrency breaks above the descending trendline, the next major resistance area is the horizontal level around $3.40. Furthermore, a confirmed breakout could send its price toward $3.9 – $4.00, aligning with the target shown by the grey arrow in the chart.  The TradingView crypto expert warned investors and traders to pay attention to the volume and momentum of XRP as it aims for a descending trendline breakout. He explained that a low volume push above the trendline is a clear indication of a possible fakeout, where traders could be lured into entering long positions, only for the price to trace quickly. On the other hand, a high volume surge confirms the conviction of XRP’s bullish potential, leading to a sustained upward momentum and increasing prices.  The analyst also added that oscillators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) could help traders gauge whether XRP’s momentum is building or fading as its price approaches the descending trendline resistance.  Possible Downside Target If Resistance Fails In his analysis, ‘ONE1iMPACT’ also shared a bearish outlook for the XRP price if it fails to break and close above the descending trendline resistance. The TradingView analyst revealed that a rejection at this trendline could trigger further consolidation and decline for XRP.  Related Reading: XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor He has shared several important support levels that could help prevent an even deeper correction in the XRP price. The $2.0 and $2.1 region, marked by the pink and gray box on the chart, acts as a strong support area for XRP, where buyers have stepped in before.  If the XRP price loses this zone, the analyst predicts a major breakdown toward $1.8 – $1.77. Another decline below this price low could result in a much larger correction. Featured image from Adobe Stock, chart from Tradingview.com

#ripple #xrp #xrpusd #xrpusdt #egrag crypto

XRP emerged as a major headliner in the past week as the US Securities and Exchange Commission (SEC) officially dropped its four-year case with Ripple. Notably, this development resulted in a significant demand for XRP as the altcoin surged over 13% to briefly trade at $2.60 on March 20. However, XRP has since retraced over the last 24 hours and is now valued at around $2.39. Albeit, the altcoin still remains set for major bullish gains based on recent analysis by market expert Egrag Crypto. Related Reading: CMT-Certified Expert Explains Why Bitcoin May Not Reach Past Extremes On Indicators XRP Strong Monthly Close Indicates Major Upside Potential  In an X post on March 21, Egrag Crypto shares an interesting bullish prediction on the XRP based on price action in recent months and the Fibonacci retracement levels. The analyst notes that XRP has consistently closed above Fib. 1.0 level over the past three months forming full body candles. This development demonstrates XRP’s resilience amidst an uncertain crypto market reinforcing the potential of bullish momentum. This is because full-body candles provide stronger confirmation of price movements compared to wick formations. With the altcoin maintaining such strong technical strength, Egrag predicts XRP could soon start gaining with its first price target at Fib 1.236. However, there is no serious resistance at this level suggesting a continuous surge to Fib Circle 5 and Fib 1.414 i.e. a price range of $5-$6. Based on the Fibonacci levels, XRP could then see major price extensions to Fib 1.618 hinting at a potential price target of $9-$10. However, it is worth noting that the timing of these events is quite consequential for XRP and the general crypto market. According to Egrag Crypto, if the projected price gains occur between now and May, a price correction is likely to follow hinting at a continuation of the bull run and higher price targets for XRP.  However, if the anticipated price movements happen in the summer of 2025 or in Q4 2025, it could suggest a market top, marking the end of the current market cycle. Related Reading: Toncoin (TON) Renewed Upswing Signals Strong Market Confidence XRP Market Overview According to Coincodex, market sentiment is currently neutral as the crypto market struggles to establish a clear trajectory. However, there are some significant potential positives for the fourth-largest cryptocurrency on the horizon. Aside from recent legal developments, Ripple CEO Brad Garlinghouse has expressed much optimism on an XRP Spot ETF suggesting a possible approval before 2025 runs out. In addition, Garlinghouse expects US President Donald Trump to include XRP in the digital asset stockpile. At the time of writing, XRP trades at $2.38 reflecting a 1.43% price loss in the past day. Meanwhile, the asset’s daily trading volume is down by 31.64% indicating a decline in market interest despite a recent price surge. Featured image from globalEDGE, chart from Tradingview 

#xrp #altcoins #xrp price #fud #coinmarketcap #xrp news #xrpusd #xrpusdt #egrag crypto #falling wedge pattern #fear uncertainty and doubt

A crypto analyst has predicted that the XRP price could hit $27 soon. He describes the cryptocurrency’s current price action as a “ Bermuda Triangle or boredom phase” — a period where the market moves slowly or sideways, fuelling doubt and uncertainty among traders and investors before a price rally.  XRP Price Boredom Phase To Trigger $27 Surge Crypto analyst Egrag Crypto has warned that the XRP price is in a Bermuda Triangle, a boredom phase characterized by price stagnation and market uncertainty designed to shake out weak hands before a significant price move. According to his prediction, while traders and investors are growing impatient and questioning why XRP has not experienced any notable price increases, this phase is merely a set-up for a strong rally toward $27. Related Reading: Crypto Pundit Reignites $100 XRP Price Target, What You Should Know Following a predicted downturn in mid-March, XRP has struggled to recover its bullish momentum. The cryptocurrency was one of the top-performing altcoins in this bull cycle, jumping from a $0.5 low to over $3 for the first time in seven years. Due to the current market decline, Egrag Crypto revealed that many traders are now wondering why “XRP hasn’t mooned.” The analyst explained that this price decline was intentional, forcing investors to second-guess themselves and make emotional trading decisions.  He also disclosed that the XRP market is now filled with ‘What ifs’, as Fear, Uncertainty, and Doubt (FUD) cloud traders’ minds. Moreover, concerns over potential dips to $1.60 or $1.30 could push investors to panic-sell or attempt risky trades.  The analyst also revealed that the XRP market is currently controlled by sharks and larger players, also called Whales. These large holders tend to influence price movements, triggering stop-losses and shaking out weak hands before a major rally.  Egrag Crypto warns that new investors and traders are especially vulnerable, as frustration and boredom can lead to making financial mistakes. He disclosed that the best strategy to implement during this current market phase is to do nothing. He suggested investors stay disciplined and patient, recognizing that boredom phases are normal in crypto market cycles.  The analyst also urged investors to remain vigilant and hold their positions while accumulating at ideal prices rather than react impulsively to rapid changes in the market.  XRP Breakout Point Hints At New ATH In other analyses, market expert ‘Steph Is Crypto’ has announced that XRP is currently retesting breakout levels to trigger a surge to a fresh ATH. The analyst’s price chart shows a Falling Wedge pattern which has been broken above the resistance at the upper trend line.  Related Reading: XRP Threatens Death Cross On 4-Hour Chart, Is Another Crash Coming? After breaking out, XRP now retests this level to confirm a larger upward move. The large green arrow on the chart points to the cryptocurrency’s projected price target, suggesting a bullish continuation if the Falling Wedge breakout holds.  XRP’s upside potential is predicted to be $4 or higher if its bullish momentum is maintained. As of writing, the cryptocurrency is trading at $2.4, reflecting a 3.5% decline in the last 24 hours, according to CoinMarketCap. If its price rises to $4, it would represent a significant 66.7% increase from current levels. Featured image from Unsplash, chart from Tradingview.com

#ripple #xrp #xrp news #xrpusdt #xrp analysis #xrp rally #xrp active addresses #xrp bull run #xrp surge

XRP is trading above crucial support levels and showing signs of strength as the broader crypto market struggles with persistent selling pressure and macroeconomic headwinds. While many digital assets have suffered steep corrections in recent weeks, XRP has remained one of the most resilient performers, holding above key technical zones and attracting growing investor interest. Related Reading: Ethereum Trades At A Critical Level – Major Reclaim Or Steep Drop Ahead? With market sentiment slowly recovering, many traders are eyeing XRP as a potential leader in the next wave of gains. Analysts believe that once the market stabilizes, XRP could be among the first altcoins to rally back toward previous highs. This optimism is supported by fresh on-chain data. According to metrics from Glassnode, the XRP network has recorded nearly 627,000 active addresses. This surge in network usage suggests growing interest and adoption, a bullish sign that often precedes price acceleration. High address activity typically indicates more users interacting with the network, whether through transactions, accumulation, or trading. If the broader market conditions improve, this spike in activity could fuel further upside for XRP. As it stands, XRP is positioned well above its key support range and looks primed for a breakout once bullish momentum returns to the market. XRP Network Activity Surges Bulls Defend Key Levels Macroeconomic uncertainty and surging volatility continue to shake both the crypto and equities markets, fueling widespread fear and triggering panic selling across asset classes. U.S. trade war concerns, inflationary pressure, and erratic policy moves have kept investors on edge, leading to deep corrections in most cryptocurrencies. Yet, amid this uncertainty, XRP stands out with surprising resilience. Related Reading: Dogecoin Forms A Daily Bullish Pattern – Analyst Expects A Breakout To $0.43 Compared to leading altcoins like Solana and Ethereum, which have both suffered notable losses, XRP remains at a strong technical level. Bulls have managed to defend key demand zones, and the current focus is on reclaiming critical supply areas to validate a new uptrend. The asset’s ability to hold support despite market-wide weakness has caught the attention of analysts and investors alike. Top analyst Ali Martinez shared on-chain data from Glassnode, revealing that XRP’s network activity is surging. With nearly 627,000 active addresses—the highest since April 2023—XRP shows signs of renewed adoption and usage. Historically, spikes in active addresses correlate with bullish momentum, as rising participation typically reflects investor confidence and transactional demand. If XRP maintains its support base and continues to show strength in network fundamentals, it could be one of the first altcoins to break out once market sentiment recovers. The rise in active addresses may be an early indicator that a larger move is on the horizon. Price Holds Strong After Small Rally — Eyes Set on $3 Breakout XRP is trading at $2.41 after a volatile few days of sharp swings between support and resistance. The token surged over 33% from its recent low at $1.89, showing strong bullish momentum despite market-wide uncertainty. This rebound has placed XRP among the top-performing assets in the crypto space, attracting renewed attention from traders and analysts. The $2.30 level now stands as a key short-term support zone. If XRP holds above this level, bulls are likely to push toward the psychological $3 mark, which also aligns with a historical resistance area. A clean breakout above $3 could open the door for a rally toward range highs and potentially new all-time highs, depending on broader market sentiment. However, if XRP fails to maintain support at $2.30, a pullback into lower demand zones around the $2.00 or even $1.89 levels is possible. This would likely slow the pace of any recovery and increase selling pressure in the short term. Related Reading: On-Chain Data Signals Key Test For Solana At $135 Level – Insights For now, XRP’s price structure remains bullish, but maintaining momentum will depend on holding above key levels as the broader market stabilizes. All eyes are on the next move. Featured image from Dall-E, chart from TradingView 

#xrp #xrp whales #xrp news #xrpusdt #xrp buying #xrp active addresses #xrp surge

XRP has registered a notable price jump in the last 24 hours as on-chain data shows bullish developments in two key indicators. XRP Has Recently Seen Growth In Active Addresses & Whale Supply In a new post on X, the on-chain analytics firm Santiment has discussed about how two metrics related to XRP have changed recently. The indicators in question are the Supply Distribution of the whales and Active Addresses. First, the “Supply Distribution” measures the number of tokens that investors belonging to a particular group currently hold. Addresses are divided into these cohorts based on the amount of the asset that they are carrying in thire balance. The 1 to 10 coins group, for example, includes all investors who own between 1 and 10 XRP. In the context of the current topic, the whale entities are of interest. The cutoff for this group is defined as 1 million coins, with their being no upper bound to the range. At the current exchange rate, this amount converts to around $2.5 million, so only the large investors would be able to qualify for the cohort. Related Reading: Here’s Where Support & Resistance Lies For Solana, Based On On-Chain Data Now, here is the chart shared by the analytics firm, that shows the trend in the Supply Distribution for these key XRP investors: As displayed in the above graph, the XRP whales have constantly seen their Supply Distribution go up over the past year, implying that the large holders have been accumulating. Despite the recent downturn in the price, the cohort hasn’t broken this trend of buying, as its members have added another 2.82 billion coins to their holdings in the last couple of months, representing an increase of 6.5% for their supply. Following this increase, the 1 million+ coins holders now own 46.4 billion tokens of the cryptocurrency. The continued long-term accumulation from this group is naturally a bullish sign for the asset’s price. In the same chart, Santiment has also attached the data of the second indicator of relevance here: the Active Addresses. This metric keeps track of the total number of XRP addresses that are participating in some kind of transaction activity on the blockchain every day, whether as a sender or receiver. As is apparent from the graph, the XRP Active Addresses has seen a significant boost in this month of March, as the metric’s value has floated at levels approximately six times the ones from January and February. A high value of this indicator can be a sign that the interest around the asset is elevated, which is why more users are coming online to make moves on the network. In particular, the metric represents the activity level of the retail holders, who are large in number and drown out the count of the massive investors like the whales. Related Reading: Bitcoin Transfer Count Lowest Since 2023—Is This Bearish? It now remains to be seen whether the latest recovery rally of XRP would sustain, given these positive developments happening on the network. XRP Price At the time of writing, XRP is trading around $2.51, up more than 8% in the last seven days. Featured image from Dall-E, Santiment.net, chart from TradingView.com

#ripple #xrp #altcoin #xrp price #coinmarketcap #xrp news #xrpusd #xrpusdt #dark defender #us sec #egrag crypto #credibull crypto #casitrades

Crypto analyst Egrag Crypto has discussed the possibility of the XRP price witnessing another corrective move. He revealed the price level that XRP needs to stay above to avoid further downside pressure and rally to the upside.  XRP Needs To Stay Above $2.66 To Avoid Corrective Move  In an X post, Egrag Crypto stated that if XRP fails to close above the $2.65 to $2.70 range, it won’t negate the wave 4 move and will likely lead XRP down to the 5th wave. His accompanying chart showed that the altcoin could drop to as low as $1.7 on this corrective move, breaking the crucial $2 support level in the process. The analyst had previously highlighted this $2.65 as being critical for a bullish breakout.  Related Reading: XRP Price Ready To Bounce Back Above $3 If Bulls Can Hold This Level Egrag Crypto alluded to the fact that the US SEC was finally dropping its long-running lawsuit against Ripple, which is typically bullish for XRP. The analyst admitted that it was a significant win for long-term adoption and utility, reinforcing the belief in the altcoin’s use. However, he added that the focus has to be on the numbers and charts in the short term.  In line with this, he remarked that a close above $2.66 would be a good sign, followed by another close above $2.97 as a second bullish confirmation. He asserted that the ultimate confirmation for a bullish trend would be a close above $3.40, which is XRP’s current all-time high (ATH). A close above $3.40 would lead to the next target between $5 and $8.  Crypto analyst CasiTrades also echoed a similar sentiment, stating that XRP needs to break above $3.40 to confirm a new trend. Until then, she remarked that market participants will have to wait for signs of confirmation, which may not be obvious until wave 3 in the market cycle. Before now, the analyst affirmed that the market is on the edge of a breakout, and this week could be a defining moment, which already looks to be the case with the Ripple SEC lawsuit.  A Rally To $5 Already In Play Crypto analyst Dark Defender suggested that an XRP rally to $5 was already underway after the SEC decided to drop the Ripple lawsuit. His accompanying chart showed that XRP could witness a breakout to the $5 target. The altcoin will first rally to around $4.4 on wave 3, then correct to $3.7 on wave 4 before the rally to $5.6 on wave 5. Related Reading: XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor Meanwhile, crypto analyst CrediBULL Crypto raised the possibility of XRP dropping below $2 and reaching $1.7 before any parabolic move to the upside begins. He predicts that the altcoin will rally to double digits regardless of how the price action plays out in the short term.  At the time of writing, the XRP price is trading at around $2.45, up over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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Crypto analyst CoinsKid has predicted that the XRP price could soon rally to $4, which represents a new all-time high (ATH) for the altcoin. He also warned that XRP bulls must hold the line to avoid a potential drop to as low as $1.64.  Analyst Predicts XRP Price Could Rebound To $4 In an X post, CoinsKid predicted that the XRP price could rebound to as high as $4 if the altcoin takes out the local January 2025 high, when it rallied to its current ATH at around $3.4. He added that XRP may go beyond this $4 target on the bull run in the crypto market. In the meantime, the analyst warned that XRP bulls must hold the line to avoid a significant correction. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge CoinsKid said that failure to hold the 20 Weighted Moving Average could spark a deeper correction for the altcoin, sending the altcoin to a minimal target of $1.64. The analyst went further to discuss XRP’s current price action. He noted that the altcoin is missing a 5th wave from the July 2024 bottom.  The analyst further opined that the XRP price has been in a wave 4 irregular expanded flat ABC correction since December 2024. He revealed that XRP is currently holding the 20 Weighted Moving Average, which is a sign of strength from the bulls. However, he warned that they must continue to hold the line to avoid a drop to as low as $1.64. Meanwhile, he mentioned that the RSI and the retail top were the key data points that pointed to an XRP price correction back in December. As to what could spark this price rebound to $4, CoinsKid alluded to the global money supply, which shows that liquidity is entering the market soon after leaving in December.  $5 Is Also In Sight For The Asset Crypto analyst Dark Defender has also predicted that the XRP price could rally to as high as $5.85, although it would face significant resistance at $3.39, around its current all-time high. The analyst also highlighted $2.30 and $2.22 as the support levels that XRP needs to hold above as it eyes a rally to this $5 target.  Meanwhile, the analyst also revealed that the primary correction for the price on the weekly, daily, and 4-hour structure is over. He noted that there will be more minor ups and downs. However, Dark Defender suggested XRP was well primed for a bullish reversal. He added that the altcoin has started wave 1 with the aim of rallying to this $5 target.  Related Reading: Crypto Pundit Reignites $100 XRP Price Target, What You Should Know At the time of writing, the XRP price is trading at around $2.28, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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XRP is trading at a crucial level, setting up for what could be a major breakout. The altcoin has been one of the top performers since November 2024, maintaining strength even as the broader market struggles with uncertainty. With renewed interest in altcoins and speculation of a crypto recovery, analysts believe that XRP could be one of the biggest gainers once bullish momentum returns. Related Reading: Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming? According to on-chain data from Glassnode, the $2.40 level stands as the most critical resistance for XRP. The UTXO Realized Price Distribution (URPD) indicator signals that a large concentration of supply exists around this price, making it a pivotal level for the altcoin’s next move. A decisive breakout above this resistance could trigger a strong rally, potentially pushing XRP toward new highs. Market sentiment remains mixed as macroeconomic concerns and volatile trading conditions continue to influence price action. However, XRP’s ability to hold above key support levels suggests that bulls are preparing for a significant push. If buying pressure intensifies and XRP clears the $2.40 mark, it could signal the start of a strong upward trend, positioning the altcoin as a leader in the next phase of market recovery. XRP Holds Strong But Faces Key Resistance At $2.40 Macroeconomic uncertainty and extreme volatility have shaken both the crypto and equity markets, leading to panic selling and fear-driven trading. While many altcoins, including Solana and Ethereum, have faced steep corrections, XRP has held its ground relatively well. The altcoin remains one of the strongest performers since late 2024, standing at a crucial level that could determine its next major move. To confirm an uptrend, bulls must hold above key demand levels and push XRP beyond resistance zones. However, breaking through supply-heavy areas remains a challenge. Top analyst Ali Martinez shared insights on X, citing Glassnode data highlighting $2.40 as XRP’s most crucial resistance level. The UTXO Realized Price Distribution (URPD) indicator suggests that a large volume of XRP was previously transacted at this level, making it a key supply zone. The URPD indicator analyzes where the most coins were last moved on-chain. This helps traders identify price levels with high buying or selling activity. When an asset approaches a URPD resistance level, many holders previously acquired their XRP at this price. If price action struggles at this zone, it indicates a large supply overhang, potentially leading to profit-taking. However, if XRP breaks through, it signals strong demand, clearing the way for higher price targets. Related Reading: Bitcoin Accumulation Resumes After 3 Months Of Distribution – Analyst With XRP consolidating below this critical level, traders are watching closely. If bulls successfully push XRP past $2.40, a breakout rally could follow, potentially driving the price toward new highs. On the other hand, failure to break through this resistance may lead to further consolidation or even a short-term pullback. The next few sessions will be crucial in determining XRP’s trajectory. Investors Eye A Breakout Above $2.50 XRP is currently trading at $2.31, following a 29% surge from the $1.89 level. Bulls are attempting to hold this price range and push above the $2.50 resistance, a crucial level that could confirm an uptrend. A successful breakout would set the stage for XRP to target range highs and further price expansion. However, resistance remains strong, and bulls need sustained momentum to reclaim key supply levels. If XRP fails to break above $2.50, sellers could step in, leading to a possible retracement. A drop below $2.20 would indicate a loss of short-term strength and could trigger a retest of lower support levels. Related Reading: Solana Holds Bullish Pattern – Expert Sets $140 Target Market sentiment and broader crypto trends will play a significant role in XRP’s next move. With macroeconomic uncertainty still affecting risk assets, traders are closely watching whether bulls can sustain the rally or if a correction is on the horizon. The next few sessions will be crucial in determining whether XRP can extend its gains or face renewed selling pressure. Featured image from Dall-E, chart from TradingView 

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Crypto analyst MadWhale has raised the possibility of the XRP price experiencing a breakdown below the crucial $2 support level. The analyst also revealed the next major support if XRP drops below this support level.  XRP Price Could Drop To $1.90 If It Loses $2 Support In a TradingView post, MadWhale predicted that the XRP price could drop to the major support at $1.90 if it loses the psychological $2 level. He noted that XRP has demonstrated a classic triple-top formation, with each successive peak showing weaker momentum. In line with this, the analyst asserted that a break below the 42 threshold appears imminent as XRP nears a formidable resistance zone.  Related Reading: XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor MadWhale further stated that the downward move is expected to extend to at least $1.9, representing an 18% decline. The analyst added that such a price decline aligns with the primary target and a key daily support level. Crypto analyst Ali Martinez had also suggested that XRP could drop to as low as $1.2 if it loses the $2 support.  The analyst revealed that the XRP price was forming a head-and-shoulders pattern on the weekly chart, which puts the $2 support level in the spotlight. His accompanying chart showed that the crypto could drop to $1.2 if it breaks below $2. However, despite this bearish outlook, other crypto analysts, such as Egrag Crypto, have highlighted some positive aspects of the XRP price.  Egrag Crypto stated that the XRP price’s dominance was showing tremendous strength and predicted that if it successfully closed above Fib 0.5, it could soon rally to the Fib 0.888 level. Crypto analyst Dark Defender predicted that XRP could rally to a new all-time high (ATH) if it continues to hold the crucial support levels at $2.04 and $2.22. The Altcoin Still In Waiting Mode Crypto analyst CasiTrades stated that the XRP price is holding strong but is still in waiting mode. She added that the bullish structure remains intact, with the altcoin holding above $2.26, which is the key .382 retracement support. The analyst noted that XRP’s price has spent some time flipping the consolidation to support, indicating that markets are setting up for the next move. Related Reading: Analyst Shares Upper And Lower Targets For XRP Price The crypto analyst revealed the $2.70 and $3.05 resistance levels and $2.25 support level as the key levels to watch. She remarked that the XRP price needs to flip $2.70 and $3.05 to become support for the confirmation of the next wave up. Meanwhile, CasiTrades suggested that XRP risks dropping to as low as $1.54 if it loses the lower support support at $1.90.  The crypto analyst also mentioned that the price needs to break above $3.40, its current ATH, to confirm a new trend. Until then, the wait for signs of confirmation continues, which she claimed may not be obvious until wave 3 in the market cycle. CasiTrades asserted that key Fib levels have been breached, and the market is on the edge of a breakout.  At the time of writing, the XRP price is trading at around $2.29, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com

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Recent data has shown what the XRP price would be if it flips Ethereum’s market cap. Such a development would also lead to a new all-time high (ATH) for XRP. Meanwhile, crypto experts have given their opinions on whether XRP could indeed flip Ethereum.  How High The XRP Price Would Be If It Flips Ethereum’s Market Cap MarketCapOf data shows that the XRP price could reach as high as $3.94 if it flips Ethereum’s market cap. This is significant as a rally to this price level would mark a new ATH for the asset.  Flipping ETH’s market cap also means that XRP will become the second largest crypto by market cap.  Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge The XRP price is already on the heels of the Ethereum price. It currently occupies the number four spot with a market cap of $135 billion while ETH boasts a market cap of $227 billion. Crypto analyst Egrag Crypto had previously predicted that the altcoin will flip ETH in this market cycle. In a recent X post, the analyst suggested that it will still likely happen.  He asserted that the XRP price’s dominance is exhibiting “tremendous strength” as it is on the verge of closing above the 2021 high of 6%, surpassing Fib 0.5. The analyst added that a close above that level would be super bullish since Fib 0.5 is a critical level. Egrag Crypto predicts that the altcoin could surge straight to Fib 0.888 if it successfully closes above 0.5. He noted that this would align with the highs from 2015.  The analyst stated that this prediction for the XRP price isn’t just speculation. He seems confident in this prediction because of the asset’s utility. While Egrag Crypto believes XRP could flip Ethereum, crypto expert Ansem argues that XRP can never flip Ethereum because its use cases cannot be compared to ETH’s, which boasts a robust ecosystem.  The $2 Support Level In The Spotlight Crypto analyst Ali Martinez has again highlighted the importance of the $2 support level. He noted that the price is shaping up a head-and-shoulders pattern on the weekly chart, which spotlights the $2 support level, as holding this price level is crucial. His accompanying chart showed that XRP could drop to as low as $1.2 if it loses this support.  Crypto analyst Dark Defender also highlighted $2.04 and $2.22 as the critical support levels for the asset. He suggested that it was important for XRP to hold above these price levels as it eyes a rally to the upside targets at $4.2932 and $5.8563. A rally to as high as $5 could see it flip Ethereum, especially if the latter continues to underperform.  Related Reading: XRP Price Eyes 40% Gains, Analyst Reveals The ‘Best Level’ To Buy And Hold At the time of writing, the XRP price is trading at around $2.3, down over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Medium, chart from Tradingview.com

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XRP has finally found stability above crucial demand levels after enduring weeks of heavy selling pressure and market uncertainty. Despite the broader crypto market’s volatility, XRP remains within a long-term range, trading between its $1.90 low and the $3.40 all-time high. Related Reading: Ethereum Must Reclaim $2,050 To Start A Recovery Rally – Insights After gaining over 30% since last Tuesday, analysts are speculating about a potential breakout above critical supply zones. If XRP continues building momentum, it could soon challenge key resistance levels, setting the stage for a larger move to the upside. Adding to the bullish outlook, on-chain data from Santiment reveals that whales have accumulated over 150 million XRP in the last 48 hours. Historically, large-scale whale accumulation has often preceded major price rallies, as it signals growing confidence from institutional investors and high-net-worth holders. With XRP holding above key support and whale activity increasing, investors are now watching for a decisive move above supply zones to confirm a long-term bullish reversal. The next few trading sessions will be crucial in determining whether XRP can maintain its strength or if further consolidation is needed before another major move. XRP Outperforms As Whale Accumulation Signals A Potential Breakout Compared to other major crypto assets, XRP has been overperforming since late 2024, showing strong resilience despite market-wide corrections. While many altcoins have struggled to reclaim key levels, XRP has held its range and built a foundation for a potential recovery. Once the market shifts into an uptrend, analysts believe that XRP could be one of the first assets to break into price discovery, potentially leading a massive rally. Related Reading: Cardano Is ‘About To Break Free’ – Breakout Above Crucial Supply To Trigger A Big Move–Analyst Price action remains relatively stable, even as broader macroeconomic conditions create uncertainty. Speculation is growing not only about a crypto market recovery but also about a potential rebound in the U.S. stock market, which has faced its own volatility in recent months. If global financial markets regain strength, it could further support XRP’s bullish outlook. Top analyst Ali Martinez recently shared on-chain data from Santiment, revealing that whales have accumulated over 150 million XRP in the last 48 hours. This large-scale accumulation is part of a broader trend, where whales and institutional players have been buying XRP during periods of market weakness. Historically, such accumulation phases have preceded strong price recoveries, as long-term investors position themselves for future gains. For now, XRP bulls must hold current levels and reclaim key resistance zones to confirm the start of a new rally. If XRP breaks through crucial supply levels, it could signal the beginning of a major price surge, potentially pushing it into new all-time highs. The next few trading sessions will be critical in determining whether XRP can maintain its momentum or if further consolidation is needed before the next move upward. Price Holds Above Key Demand XRP is currently trading at $2.37, maintaining strength after defending the $1.89 support level last week. Bulls have successfully held key demand, preventing further downside, but the main challenge now is breaking above crucial supply zones to trigger a rally. If XRP pushes above the $2.60 mark with strong momentum, it could open the door for a rally into price discovery. A break and reclaim of the $3 level would likely signal the start of a major uptrend, potentially leading to new all-time highs. However, the market remains volatile, and a retest of range lows is still possible before XRP makes a decisive move. Bulls must continue defending key support levels while building momentum for a breakout above resistance. Related Reading: Ethereum Consolidates Since ‘The Big Dump’ – Local Trend Reversal Or Continuation? The next few days will be critical in determining XRP’s short-term direction, as a failure to reclaim $2.60 could lead to a deeper consolidation phase before another attempt at higher prices. Featured image from Dall-E, chart from TradingView

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The XRP price could be staging a parabolic rally to new all-time highs of $110. While an analyst shares a technical analysis to back this ambitious target, Bollinger Bands creator John Bollinger declares XRP to be a market leader in the crypto space.  Analyst Predicts New XRP Price Target To $110 In a rather lengthy X (formerly Twitter) post, market expert Egrag Crypto went deep into his analysis for the XRP price, basing his predictions on its Elliott Wave structure. The crypto analyst confidently forecasted that XRP was heading towards a new $110 ATH. This bullish target would represent a whopping 3,974% increase from its current market value. Related Reading: XRP Price Continuation After Crash Below $2.4? New Targets Emerge Firstly, Egrag Crypto outlines XRP’s five-wave structure, underscoring that each wave could push the cryptocurrency to a new target. The analyst reveals that XRP is currently in Wave 2 of its Elliott Wave structure and is closely approaching Wave 3, which is expected to trigger the most explosive increase. In Wave 1, XRP saw an impressive 733% increase to new highs. However, in its current Wave 2, Egrag Crypto highlights that its 2017 fractal appears more profound. With the formation of a Double Bottom pattern, the analyst has predicted a potential price breakdown for the cryptocurrency.  Egrag Crypto further forecasts that Wave 3 will trigger a reversal and cause the price to skyrocket by 1,185%. This massive price increase would effectively place the XRP price at a potential target between $22 and $24. For a more conservative target, the analyst estimates a surge of around $22 to $24.  For Wave 4, Egrag Crypto predicts another major retracement similar to Wave 2. However, this time, the analyst believes XRP could decline by either 14.6%, 23.6%, or 38.2% from Wave 3’s price high. This correction would mark a 65% drop from Wave 3’s peak, bringing the cryptocurrency’s price down to $8. He also highlights a worse-case bearish scenario where XRP crashes as low as $3.4.  Notably, Egrag Crypto shares three potential bullish targets for Wave 5, the final part of the Elliott Wave Structure. He forecasts that the altcoin could surge between $32 to $48, $60 to $70, or $95 to $110. The analyst has based his optimistic forecast on past cycle trends, where 2017 saw a major price rally for XRP.  Bollinger Bands Creator Says The Asset To Become Leader In other news, Bollinger, the creator of the renowned Bollinger Band technical analysis tool, has highlighted XRP in his latest post, questioning whether it could take a leading role in the crypto market. The technical analyst asserts that Ripple has held up better than other primary crypto vehicles. Related Reading: Analyst Says Only Buy XRP If It Reaches This Level  Considering its legal battles with the US SEC and present regulatory challenges, Ripple continues to remain resilient, aiming to gain clarity during the final stages of the five-year-long lawsuit. Meanwhile, the XRP price, which is currently trading at $2.4, has experienced a recent uptick, increasing by almost 4% in the last day, according to CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com

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XRP price started a fresh recovery wave above the $2.120 zone. The price is now consolidating and might clear the $2.350 resistance zone. XRP price started a fresh recovery wave above the $2.120 resistance zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might continue to move up if it clears the $2.350 resistance zone. XRP Price Eyes Steady Increase XRP price remained supported and started a recovery wave above the $2.00 zone, like Bitcoin and Ethereum. The price was able to clear the $2.050 and $2.120 resistance levels. There was a move above the $2.250 resistance. However, the bears are now active near the $2.350 resistance zone. A high was formed at $2.348 and the price recently started a consolidation phase. There was a test of the 23.6% Fib retracement level of the upward move from the $1.90 swing low to the $2.348 high. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.25 on the hourly chart of the XRP/USD pair. On the upside, the price might face resistance near the $2.30 level. The first major resistance is near the $2.350 level. The next resistance is $2.450. A clear move above the $2.450 resistance might send the price toward the $2.50 resistance. Any more gains might send the price toward the $2.550 resistance or even $2.650 in the near term. The next major hurdle for the bulls might be $2.80. Another Drop? If XRP fails to clear the $2.350 resistance zone, it could start another decline. Initial support on the downside is near the $2.250 level and the trend line. The next major support is near the $2.120 level and the 50% Fib retracement level of the upward move from the $1.90 swing low to the $2.348 high. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.250 and $2.120. Major Resistance Levels – $2.350 and $2.450.

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Crypto analyst CW23 has revealed that the XRP price is hinting at a symmetrical triangle, which provides a bullish outlook for the crypto. However, he warned that a price crash could occur before XRP breaks out of this triangle and rallies to the upside.  XRP Price Hints At Symmetrical Triangle  In a TradingView post, CW23 revealed that a symmetrical triangle may be forming for the XRP price. This came as he noted that XRP is bouncing off the bottom of an ascending channel, with the pinbar candle on the 4-hour chart now in upward pressure having tested the bottom. The analyst added that the crypto will probably trade in this range for a while.  Related Reading: XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation However, CW23 stated that a symmetrical triangle is forming and it could be a larger wave 4 pullback in the Elliot wave before wave 5 takes the XRP price to a new all-time high (ATH) to round out this year’s bull cycle. The analyst’s accompanying chart showed that XRP could drop to as low as $1.70 on wave 4. Meanwhile, the asset is projected to rally to a new ATH of $5 on wave 5.  Crypto analyst ElmoX also recently predicted that the XRP price could witness a massive corrective and drop below $2 before it rallies to new highs. The analyst provided a more bullish outlook for XRP, predicting it could rally to as high as $20 in this market cycle. However, he warned that the crypto would face major resistance at $2.9 on its way to a new ATH.  The Altcoin Has Finalized Its Correction In an X post, crypto analyst Dark Defender stated that the XRP price has finalized the correction on the four-hour time frame. He mentioned that XRP is expected to move towards $2.42 first considering the correction structures. The analyst also affirmed that the real move to the upside will start after XRP climbs above the Ichimoku clouds.  Related Reading: XRP Price Retraces Gains From Sunday Rally, This Important Support Level Could Be The Defining Factor Dark Defender highlighted $2.22 and $2.04 as the support levels to watch out for while he stated that $4.2932 and $5.8563 are the targets which the XRP price could rally to. Crypto analyst CasiTrades highlighted the importance of the altcoin holding the support levels at $2.04 and $2.11.  She added that a hold above either of these levels is critical to maintaining the consolidation. Meanwhile, the analyst revealed that the next resistance levels are $2.25 and $2.70, which happens to be the next breakout level. CasiTrades also assured market participants that the price is still bullish, indicating it is still well primed to reach new highs.  At the time of writing, the XRP price is trading at around $2.24, up over 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

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XRP bulls are making a strong push, but the $2.2546 resistance level is proving to be a tough barrier. After a steady upward climb, buying momentum has weakened as sellers step in to defend this key level. A successful breakout could signal a continuation of the uptrend, driving XRP toward new highs and reinforcing positive sentiment in the market. However, if buyers fail to overcome this hurdle, XRP may face a pullback, with traders eyeing lower support levels for stability. Market participants are closely monitoring whether the bullish momentum is strong enough to push past the resistance or if selling pressure will force a temporary retreat. Market Sentiment And XRP’s Resistance Struggle Market sentiment remains a key factor in XRP’s ongoing battle against the $2.2546 resistance level. While bulls try to drive the price higher, the lack of strong follow-through suggests lingering uncertainty among traders. The resistance level has become a critical test, with buyers needing to sustain momentum to confirm a breakout. Related Reading: XRP Faces Bearish MVRV Crossover—Price Plunge To Continue? Broader market conditions, including Bitcoin’s movement and overall investor confidence, are influencing XRP’s price action. A surge in trading volume and renewed buying pressure could provide the necessary strength for a breakout. However, if sellers continue to defend this level, XRP may struggle to gain further ground, leading to potential profit-taking and a short-term pullback. Furthermore, after crossing above the 50% mark, the RSI is now dipping below it, creating uncertainty among traders. This shift reflects a tug-of-war between buyers and sellers, leaving XRP in a state of market indecision. Without a clear directional push, price movement could remain volatile as traders await stronger signals for the next move. For the bulls to regain control, market sentiment must shift decisively in their favor, with technical indicators aligning to support an upward push. Until then, XRP remains at a crossroads, with both breakout and rejection scenarios still in play. Breakout Potential: What Needs To Happen? For XRP to break above the $2.2546 resistance level, bulls must generate strong momentum backed by increasing buying pressure. A sustained push beyond this critical level, confirmed by a decisive daily close, might set the stage for further gains.  Its ability to stabilize above $2.2546  may attract more traders looking to ride the breakout, potentially driving the price toward higher targets such as $2.6482 and $2.9272. Related Reading: XRP Faces Make-Or-Break Moment Amid Bearish Threat Also, XRP’s price must break above the 100-day SMA, and the RSI needs to rise above the 60% threshold. Breaking above these levels could pave the way for more growth, while failure to do so may leave XRP vulnerable to consolidation or a pullback. Featured image from Pexels, chart from Tradingview.com

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A new XRP price forecast has emerged, offering insights into the cryptocurrency’s next bearish move. A crypto analyst who previously predicted XRP‘s crash below $2 has provided a more comprehensive outlook, outlining key support and resistance areas that will determine XRP’s next target.  According to TradingView crypto analyst, ‘MMBTrader,’ the XRP price is set to dump below the $2 threshold. As of writing, CoinMarketCap reports that XRP is trading at $2.2, reflecting a modest 3% increase in value in the last 24 hours.  XRP Price Projected To Crash To $1.5 Notably, the cryptocurrency is gradually giving up gains, negatively impacted by the broader market downtrend and lack of bullish drivers. MMBTrader has shared a technical chart supporting his bearish prediction for the XRP price.  Related Reading: Pundit Who Correctly Predicted XRP Price Crash To $2.5 Says Demand Zone Will Send It Soaring The TradingView crypto expert has identified a Head and Shoulder pattern on the XRP daily chart, consisting of three peaks: left shoulder, head, and right shoulder. Typically, a classic Head and Shoulder pattern is considered one of the most common indicators of a potential price breakdown, with the price of a cryptocurrency expected to reverse from bullish to bearish.  Looking at the price chart, a break below the pattern’s neckline around the $1.95 price point would confirm XRP’s bearish position. If the cryptocurrency fails to hold the $1.95 support level, a sharp drop, possibly up to 50%, is expected. This massive crash would effectively place the price around the $1.5 level or even as low as $1.2. While he expects a possible crash to $1.5, MMBTrader also projects an alternative bullish scenario in which the XRP price initiates a strong rebound. The analyst revealed that if the cryptocurrency consolidates near $2 without breaking lower, then a bounce to new highs could follow. Additionally, the TradingView expert believes that the asset could also experience a significant rally toward $5 after its projected 50% price crash. He highlights that if XRP can hold the support level near $1.5, then a strong reversal could occur, potentially triggering a bullish move between $4 and $4.5. Whales Scoop Up $385 Million Amid Market Downtrend While XRP experiences slow momentum due to the market’s recent decline, whales are seizing the opportunity to buy the dip, accumulating a significant amount of the token. According to crypto analyst Brett, an XRP whale has executed a large-scale transaction, buying over 167 million XRP, valued at $368.4 million, in a single purchase. Related Reading: XRP Price Pump To $3.35 On The Horizon With Bullish Cup And Handle Pattern Formation Brett revealed that this whale purchase was made as the market panicked over increasing volatility and price declines. Over the past few weeks, XRP has struggled to recover from bearish trends, joining the ranks of top cryptocurrencies like Bitcoin and Ethereum, which recorded a major price crash earlier in February. CoinMarketCap’s data shows that the the altcoin’s price has fallen by 11.6% in just one week. This decline comes as the broader crypto market faces massive liquidations totaling hundreds of millions of dollars. Featured image from Adobe Stock, chart from Tradingview.com