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Pi has finally risen past the $1 mark for the first time in nearly two months. In the last few days, the price of Pi has significantly increased, with the price reaching a 68.12% increase. Within a few days, the price moved up from about $0.59 to nearly $0.99, and today it has broken past […]
The gap Solanas Bollinger Bands are reducing, which is a sign that its price is about to change.
Solana (SOL) showing bullishness and experiencing surge in its price while the overall market is in nuetral phase. Now SOL is on its journey to recover the losses from recent market volatility. At the time the market is showing the signs of positive movement, SOL is one of the coins benefitting from this surge. Currently, […]
Uniswap's UNI token is trading between $5.20$5.30. The MACD is bullish, and the RSI has room to rise. A break above $5.30 could run up to $5.75 resistance.
IOTA forms a bullish wedge as Rebased upgrade nears, promising 15% staking yields, faster TPS, and strong price momentum.
In a new analysis, crypto analyst Dark Defender (@DefendDark) highlights a significant pattern in the daily XRP/USDT chart that suggests a possible sharp rise in the price of XRP. According to his analysis, the XRP price is possibly forming a technical pattern known as a “bull flag” after decisively breaking above the multi-year resistance at [...]
The post XRP Price Will Escalate To $1.03 This Week If This Happens: Analyst appeared first on Crypto Breaking News.
Renowned technical analyst Peter Brandt stirred up the XRP community on January 30 by posting a daily price chart (XRP/USDT) suggesting a bull flag continuation pattern. Brandt, whose reputation in charting spans decades, highlighted $4.39541 as the upper price objective based on the current market structure. Hey XRP_pill_poppers. To be clear: I could care less what XRP is going to do. If it goes up I want to be long. If it goes down Ive never shorted it, but prefer to troll the poppers. No other way right now to define the chart other than a bull flag. Of course this could change, Brandt remarked. XRP Bull Flag Formation From the analysts vantage point, XRP rallied sharply earlier in January, pushing above $2.6040 before topping near $3.2140. Once this peak formed, the market entered a brief pullback, creating a series of lower highs and lower lowsvisualized by descending trendlines on Brandts chart. This consolidation resembles a textbook bull flag, a pattern typically interpreted as a pause in an ongoing uptrend. Brandts projected breakout could target the next prominent overhead region near $3.5487, with his ultimate bullish objective in the vicinity of $4.39541. These levelsshown by green lines on the chartindicate possible resistance areas if XRP extends its rally upon confirming the flags upper boundary. Two moving averages are visible on Brandts chart: The 8-day moving average (green line) is currently hovering just above $3.00. It is helping to define short-term support levels. The 18-day moving average (orange line) is sloping upwards from below $2.70 and reinforces the broader uptrend in play. Meanwhile, the ADX reading of 17.05 suggests that the overall trend strength is moderate, leaving room for greater momentum if price breaks decisively from the flag. A 30-day Average True Range (ATR) value near 0.2135 underscores the daily volatility, which has risen compared to earlier phases but remains contained relative to some high-beta alternative coins. Brandts post sparked discussion among traders, including HTL-NL (@htltimor), who noted bullish confirmations using Wyckoff analysis. Using Wyckoff, it looks good too. Of course, if $TC takes a dive, everything suffers, but it’s one of the better looking alt charts atm, he stated. Brandt replied with approval, stating Good confirmation from a good source. According to the Wyckoff-based chart shared by HTL-NL, XRP has been tracing a series of classic phasesBeginning with the Automatic Rally (AR) after a Selling Climax (SC), followed by multiple Secondary Tests (ST), and culminating in what appears to be a Sign of Strength (SoS). The SoS label often marks the point at which demand decisively overcomes supply, with price pushing above a key resistance level and maintaining support above previously tested zones. This behavior is further supported by volume signatures that show interest resurging during rallies and diminishing on pullbacks. In Wyckoff terms, a successful SoS within a re-accumulation structure typically paves the way for continued upside. The blue line labeled BUEC (Back Up to Edge of the Creek) suggests XRP has already retested its last major resistance as support. Should it hold these levels and confirm the SoS, Wyckoff analysts would anticipate a drive toward higher targets, aligning with Brandts bullish flag projection. At press time, XRP traded at $3.09. Featured image created with DALL.E, chart from TradingView.com
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