XRP is approaching a critical turning point, with analysts predicting a major price move soon. Let’s break down the key support, resistance levels, and market insights that could shape XRP's next big leap.
📈 Key Support and Resistance Levels
Renowned analyst Dark Defender has highlighted the following major levels:
Resistance Levels:
$2.42
$2.52
$2.71
$5.85
Support Levels:
$2.29
$2.24
$2.10
$2.02
A bull flag is forming on XRP’s daily chart, indicating a potential breakout. Dark Defender expects this breakout to happen imminently, possibly within the next 24 hours. Additionally, a weekly bull flag suggests XRP could reach double-digit prices in this market cycle.
📊 XRP/BTC Pair Insights
Dark Defender also noted that XRP is showing strong potential against Bitcoin (BTC). Recent movements indicate XRP could deliver significant gains relative to BTC, adding more weight to a bullish outlook.
🚀 Ali Martinez’s Bull Flag Analysis
Crypto analyst Ali Martinez pointed to a bull flag on XRP’s 4-hour chart. He predicts a slight correction followed by a breakout above $2.46, potentially pushing XRP toward a new all-time high (ATH) of $4.
🌊 Third Wave Scenarios by CasiTrades
Another analyst, CasiTrades, outlined two possible scenarios for XRP’s next third wave move:
1️⃣ Typical Extension: XRP could hit the 2.618 Fibonacci level at $3.82, aligning with its current ATH.
2️⃣ Non-Extended Wave: If the wave doesn’t extend fully, XRP may peak at $3.23 before a potential fifth-wave extension.
These projections suggest a significant move is near, following XRP’s recent consolidation.
📉 Current Market Performance
Current Price: $2.51 (Up 6% in the last 24 hours)
Market Cap: $136.63 Billion
24-Hour Volume: $8.52 Billion
With strong support levels and bullish patterns, XRP is poised to capture attention and possibly set new highs.
🔗 Stay tuned and trade XRP on Binance as the market gears up for XRP's next big move! 🚀
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