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CATEGORY: xrp breakout


XRP/BTC Chart Signals Possible Upside: 30% Surge Possible?

Author: Paul Adedoyin
Estonia
May 05, 2025 02:35

XRP/BTC Chart Signals Possible Upside: 30% Surge Possible?

Analyzing Bollinger Bands, MACD, and trading volume suggests that an XRP/BTC rally could happen soon.

May 21, 2024 02:30

Ripples (XRP) Path to Breakout: Analysts Predict 20-30% Surge

Ripple (XRP) is currently in a sideways trend channel over the medium to long term, most likely implicating that investors are sitting at a historically critical juncture. The technical setup shows that a big move is coming in the market, with possible breakouts giving clear direction. The ongoing price move sees XRP into sideways action […]

Apr 07, 2025 02:35

Traders Bet Big as XRP Open Interest Blasts Through $3 Billion Barrier

XRPs open interest has surpassed the $3 billion mark within 24 hours, bringing new attention to Ripples native cryptocurrency XRP. Per CoinGlass data, Ripple open interest reached $3.61 billion, indicating that traders are highly bullish on the altcoins price movement.  XRP’s surge in open interest, a measuring metric used to determine the value of outstanding […]

Apr 28, 2025 02:35

XRP Breakout Imminent: $2.29 Resistance Could Spark Major Rally

Ripple (XRP) analysis shows that XRP might be poised to see a substantial price action. One crypto analyst recently noted that XRP’s chart was showing narrowing Bollinger Bands, which generally means a break would occur. Currently consolidating around the middle line from a recent bounce off lower support, XRP may see a surge in volatility […]

Apr 23, 2025 02:30

Is XRP Ready to Explode? Wyckoff Accumulation Points to $3.40 by May

XRP is slipping back into an uptrend, experiencing a surge in its price as the broader market shifts to a bullish phase. Meanwhile, Bitcoin is showing signs of resilience, surging above the $90k zone, potentially setting the stage for a fresh wave of upward momentum across altcoins. At the time of writing, the XRP is […]

XRP Tests Ascending Triangle Resistance  Can Bulls Reach $2.40 Level?

Author: Sebastian Villafuerte
United Kingdom
Apr 15, 2025 12:05

XRP Tests Ascending Triangle Resistance Can Bulls Reach $2.40 Level?

XRP has emerged as one of the strongest-performing assets in recent weeks, defying broader market volatility and mounting macroeconomic uncertainty. After a rough start to the month, XRP has rebounded sharply, posting a 32% gain from last Mondays low. The tokens resilience has caught the attention of analysts and investors as it continues to outperform many of its peers in the altcoin space. Related Reading: Solana Triggers Long Thesis After Pushing Above $125 Start Of A Bigger Rally? Much of this strength is attributed to growing optimism that macroeconomic tensionsparticularly around global trade policies and inflationmay begin to ease. If this trend continues, XRP could be well-positioned to lead the next leg of the crypto recovery. Top crypto analyst Ali Martinez added to the bullish narrative, sharing a technical analysis showing that XRP is currently trading within an ascending trianglea pattern typically associated with upward breakouts. Martinez identifies $2.22 as the critical resistance level to watch. If bulls can push above that line, it could open the door to a move to higher price levels. With momentum building and technical indicators aligning, XRP appears to be approaching a pivotal moment. The next move could determine whether this rally has more room to runor if resistance will stall the breakout. XRP Bulls Eye Breakout As Market Looks for Direction XRP bulls are gaining confidence as the market shows signs of stabilization following weeks of volatility. With global tensions still unresolved, the broader crypto environment remains uncertainbut XRP has managed to hold its ground, consistently trading above the $1.80 level. This steady performance has analysts optimistic that the token could be preparing for a strong move higher, especially if macroeconomic pressure starts to ease in the coming weeks. The anticipation surrounding potential monetary policy shifts and cooling inflation expectations could create a more favorable environment for risk-on assets like XRP. Some market participants are betting that as clarity returns to the global economy, high-conviction assets will lead the chargeand XRP is firmly on that list. However, not all analysts agree that the rally will be smooth. A more cautious view suggests that the market might need one more correction to establish a solid foundation. This scenario would involve a dip below current levels to set a new demand zone before the next leg up begins. In the meantime, Martinez identified a key pattern unfolding: XRP is trading within an ascending trianglea bullish continuation setup. According to Martinez, the $2.22 resistance level is the crucial threshold. A confirmed breakout above this level could trigger a surge toward $2.40, potentially marking the start of a broader upward trend. As traders watch price action closely, XRPs ability to hold key support and test the top of its triangle could determine its next big move. The coming days may prove pivotal in shaping the short-term future of this high-profile altcoin. Related Reading: Ethereum Stays Below Realized Price: Once-In-A-Cycle Opportunity? Daily Price Action Leans Bullish After Reclaiming Key Averages XRP is currently trading at $2.14 after a strong move that saw the token reclaim both the 200-day moving average (MA) at $1.89 and the 200-day exponential moving average (EMA) at $1.95. This bullish development signals a potential shift in trend, as XRP bulls now hold a short-term momentum advantage. Holding above these key indicators is essential for sustaining upward pressure and building confidence in a broader recovery. The next major hurdle lies at the $2.60 daily supply zone. A clean break above that level could open the door for a continuation rally targeting higher resistance zones. For now, bulls will need to maintain strong buying interest and volume to test and eventually breach that level. However, downside risks remain. If XRP fails to hold the $2.00 psychological support, a deeper correction could unfold. This would invalidate the recent breakout and potentially send the token back toward the $1.80 zone or lower, depending on broader market conditions. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours Sign Of Recovery? For now, all eyes are on whether XRP can consolidate gains above $2.00 and sustain enough momentum to challenge the next supply region. Traders should monitor volume and broader market cues for confirmation. Featured image from Dall-E, chart from TradingView

Ripple (XRP) Bullish Breakout: Is the Market Ready for the 2025 Surge?

Author: Arslan Tabish
Estonia
Jan 27, 2025 02:30

Ripple (XRP) Bullish Breakout: Is the Market Ready for the 2025 Surge?

Throughout the week Ripple (XRP) has been trading sideways with few indications of any major trend change in the short term. It is approaching the top of a triangle pattern which often indicates a breakout or breakdown. The market awaits for the next move of XRP, which remains confined in a narrow range of $3.08 […]

XRP Breaks Out Of Bullish Flag Pattern  $4 Target In Sight

Author: Sebastian Villafuerte
United Kingdom
Jan 20, 2025 12:05

XRP Breaks Out Of Bullish Flag Pattern $4 Target In Sight

XRP has captured the crypto markets attention with its impressive bullish performance, surging over 45% in just six days. The tokens rally reached a new milestone on Thursday as it broke its all-time high, solidifying its position as one of the top-performing assets in the market. With Mondays inauguration of President-elect Donald Trump on the horizon, speculation about the potential impact of his administration on the crypto space is driving even more bullish sentiment for XRP. Related Reading: Donald Trump Memecoin Skyrockets Over 12,000% Overnight With $30B Fully Diluted Value What Happened? Top analyst Ali Martinez recently shared a technical analysis highlighting the tokens strong price action. According to Martinez, XRP appears to have broken out of a bullish flag pattern, a technical indicator that often signals the continuation of an uptrend. Based on this pattern, the price could be gearing up for an upswing to $4, a significant level that would mark another major milestone in its ongoing rally. As XRP continues to outperform, investors are closely monitoring the tokens next moves, with many believing it could benefit from a more crypto-friendly environment under the incoming administration. With strong technical indicators and growing market optimism, XRP appears poised for further gains, making the coming days a pivotal moment for the asset. XRP Poised For A Massive Rally XRP has had a highly volatile week, with price action capturing the attention of the crypto market. After dropping to $2.32 earlier in the week, XRP staged an impressive recovery, surging to new all-time highs around $3.40. This marks a historic moment for the cryptocurrency, as it finally surpassed its previous all-time high set in 2018, breaking a seven-year record. The milestone has reignited enthusiasm among analysts and investors, who now see XRP as one of the hottest assets in the market. Market sentiment is overwhelmingly bullish, with many expecting XRPs momentum to carry it even higher in the coming weeks. Martinez recently shared a technical analysis on X, revealing that XRP has broken out of a bullish flag patterna continuation indicator often associated with significant price surges. Based on this pattern, Martinez predicts that XRP could be gearing up for an upswing to $4, signaling another major milestone for the asset. Adding to the optimism is the broader macroeconomic environment, as President-elect Donald Trump is set to assume office on Monday. With expectations of a pro-crypto administration, many believe XRP and the broader market could benefit from favorable policies and heightened investor interest. Related Reading: Raydium Breaks Key Level Showing Relative Strength New Highs Next? As XRP enters this pivotal phase, investors are closely monitoring its ability to sustain recent gains and build on its bullish trajectory. With technical indicators aligning and market optimism growing, the coming days could be transformative for XRP, setting the stage for even higher price levels in 2024. Price Discovery Phase: What To Expect XRP is currently trading at $3.20, following its recent surge to an all-time high (ATH) of $3.40. The price action remains extremely bullish, with strong momentum suggesting the potential for further gains in the coming days. Analysts and investors are optimistic that XRP could push above its newly set ATH, marking another milestone in its ongoing rally. Holding the $3.00 level is critical for sustaining this momentum. This psychological and technical support serves as a foundation for continued bullish sentiment. If XRP can consolidate above this mark, it would reinforce confidence among traders and signal the strength needed to attempt another breakout. However, the market remains highly volatile, and XRP is no exception. The rapid price movements seen in recent weeks highlight the potential for liquidity sweeps and aggressive corrections. Such volatility underscores the importance of risk management, as sudden pullbacks could occur before the next leg up. Related Reading: Bitcoin Reclaims Crucial Liquidity Level No Resistance Left Below ATH As XRP navigates this pivotal phase, traders are watching closely for signs of sustained strength or potential reversals. If XRP maintains its momentum and holds key support levels, it could be poised to extend its bullish trajectory and achieve new highs in the near future. Featured image from Dall-E, chart from TradingView

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