XRP Price Movement: Analyst Highlights Next Major Supports And Resistances
Crypto expert disclosed the next important support and resistance levels for XRP ahead of its upcoming move. The expert said XRP's next move might be sooner than predicted.
Next Big XRP Support and Resistance Levels
Analyst listed $2.42, $2.52, $2.71, and $5.85 as XRP's next significant support levels in an X post. According to the crypto researcher, XRP's next significant support levels are $2.29, $2.24, $2.10, and $2.02. XRP's daily chart showed a bull flag formation, which the expert said.
expert predicted that the XRP price will move tomorrow since the bull flag has peaked. The crypto expert recently noted a weekly bull flag on the XRP chart, suggesting the coin might hit double digits this market cycle.
Analyst updated his XRP/BTC pair analysis in his latest X article. He said the XRP price will rise and may have already started. The expert expected “tremendous” increases for XRP vs Bitcoin before now.
XRP's 4-hour chart shows a bull flag, according to crypto expert. Based on this pattern, the analyst predicted a small drop, a break out above $2.46, and a rise to $4, XRP's new ATH.
Deux scénarios pour le 3e wave
Crypto analyst CasiTrades suggested two options for the third wave of XRP's bullish rise in an X article. In the first case, XRP might advance normally to 2.618 Fibonacci. The crypto's ATH, $3.82, is the price goal.
The second possibility, according to CasiTrades, might see XRP expand in the fifth wave if this third wave doesn't. The price goal will drop to $3.23 from $3.82 if the third wave fails. She said that this goal is near XRP's ATH, thus the extension play may not happen.
CaiTrades warned that these are predictions and that XRP may alter with real highs. She believes a significant shift is approaching since XRP has stabilized with little fluctuation in the previous day.
XRP is now selling at $2.51, up over 6% in 24 hours, according to CoinMarketCap.
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