XRP remains in a sideways trading range and the price is currently down by more than four percent. For the breakout to be confirmed, XRP needs to break above the $2.51 level. This level is an important first indication that the low is likely in and the market could begin to move higher.

Although there was a rally yesterday, the price failed to exceed this key resistance level, meaning the breakout is not yet fully confirmed. The $2.72 level is even more critical. If XRP surpasses this level, it would mean a full breakout from the triangle pattern, signaling a potential bullish move.

Understanding the Difference Between Indication and Confirmation
It’s important to differentiate between indication and confirmation. If XRP moves higher but fails to break above the high of $2.72, it could be an extension of the triangle rather than the completion of the pattern.

Breaking above the high is crucial for confirming that the triangle pattern is complete and that the price is ready to move in a new direction. However, until we see this level broken, there is still a possibility the triangle could extend.


Critical Support: $1.96 Level

Another important level to watch is $1.96, which serves as a key support area. If XRP falls below this level, the triangle pattern would be invalidated, and the market could enter a larger bearish structure. This level remains a critical point for the bullish thesis to hold.

Patience is Key

These consolidations are often slow and boring, which is the case with XRP right now. However, patience is required during this phase. As long as XRP stays above the support levels between $2.24 and $2.23, the market could still focus on higher price action.#NFPCryptoImpact #Binance #EOSPoject $BNB $XRP $BTC

Solana price struggled to clear the $220-$225 zone and started a fresh decline, like Bitcoin and Ethereum. There was a move below the $212 and $205 support levels.

The price even dipped below the $200 handle. A low was formed at $196.73, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $223 swing high to the $196 low.

Solana is now trading below $200 and the 100-hourly simple moving average. There is also a connecting bearish trend line forming with resistance at $204 on the hourly chart of the SOL/USD pair. On the upside, the price is facing resistance near the $204 level.


The next major resistance is near the $210 level or the 50% Fib retracement level of the downward move from the $223 swing high to the $196 low. The main resistance could be $213. A successful close above the $213 resistance level could set the pace for another steady increase. The next key resistance is $225. Any more gains might send the price toward the $240 level.

Another Decline in SOL?

If SOL fails to rise above the $205 resistance, it could start another decline. Initial support on the downside is near the $196 level. The first major support is near the $188 level.

A break below the $180 level might send the price toward the $175 zone. If there is a close below the $175 support, the price could decline toward the $162 support in the near term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bearish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major Support Levels – $196 and $188.

Major Resistance Levels – $205 and $210.
#CryptoMarketDip #BinanceMegadropSolv $BNB $BTC $SOL

Bitcoin is currently retesting a critical area on its price chart, aiming to flip previous resistance into new support. Ethereum, Chainlink, Solana, and XRP are also showing key movements, with XRP rejecting resistance and Chainlink showing bullish divergence. The market may experience further fluctuations in the short term, but the longer-term trend remains bullish.

Ripple’s XRP is up by more than 15 percent in the last seven days and is currently trading at $2.42 level. The XRP chart has been showing a sideways movement, and while it’s been in a range, it’s currently quite interesting. The price is adhering well to key levels and following the proposed microstructure we’ve discussed on different time frames.

Although the larger time frame hasn’t changed much, it’s important to understand the ongoing micro movements as they could have implications for the week ahead. These developments could be significant, as we may be heading into a decisive week for XRP.


Critical Levels to Watch

XRP is behaving exactly as expected, rejecting from the resistance level around $2.50. This has been a key area of resistance that I’ve been warning about for days. Since this bearish divergence is on the 4-hour chart, it’s unlikely to last for more than a few days. Over the next 1-2 days, the pullback could continue, but it should clear up within 3-4 days. If we see a confirmed breakout above the $2.50 resistance, it would mark a significant shift in the trend.

For the immediate future, the price is expected to continue reacting to the bearish divergence, leading to a rejection from the resistance level. Key support levels to watch are $2.32, $2.22, and $2.13-$2.14. The lower boundary of the descending channel is around $1.83, which is another important support level.$BTC $XRP $BNB #BitcoinHashRateSurge #BinanceMegadropSolv

Ripple’s XRP is currently down by more than two percent and is trading below the critical $2.40 level. For XRP to maintain its upward momentum, it must hold above current support levels, particularly the $2.29 mark. Keep in mind that XRP, like many major altcoins, often follows Bitcoin’s price action. If Bitcoin experiences a short-term bounce, we may see similar movements in altcoins like XRP.

Possible Pullback or Minor Slowdown Ahead?

Although the bearish divergence may signal a pullback, it does not always lead to a significant drop. Sometimes, it results in a minor slowdown, like the current resistance around the $2.50 mark. With XRP nearing a key resistance point and flashing this warning sign, it’s not the best time to open new long positions. In fact, it could be a good idea to take some profits from existing positions for now.


Support and Resistance Levels

The price is also encountering resistance at $2.70 and $2.63. Pivot points show additional resistance at $2.58 and $2.53, with some stalling observed in the 3-10 day moving average crossover and raw stochastic levels at 80% and 70%.

The price crossed the 18-day moving average at $2.41, and the 38.2% retracement from the 4-week high stands at $2.41. Additional support is found at $2.40 (first support point) and $2.35 (second support point), with a 50% retracement from the 4-week high/low at $2.31. The 9-day moving average also stalled at $2.33.

Further support levels appear at $2.27 and $2.19, where the price crosses the 9-day moving average. Deeper support is found at $2.20 and $2.11, with raw stochastic levels showing oversold conditions at 20%.
#CryptoReboundStrategy #BTC☀ $BTC $XRP $BNB

In line with the general crypto market, Avalanche (AVAX) has experienced significant market correction over the past two weeks following an extended price rally. With the altcoin’s price now hovering around the $36 price zone, recent market predictions have highlighted a critical market condition needed to avoid a complete collapse of AVAX’s bullish structure.


AVAX Price Overview

At the time of writing, AVAX trades at $36.74 following a decline of 2.12% in the past 24 hours. Meanwhile, the altcoin’s daily trading volume is down by 6.40% and valued at $448.45 million. On larger time charts, AVAX is in greater losses of 11.65% in 7 days and 14.81% in 30 days, demonstrating a consistent decline in recent weeks.

In making any headway, AVAX will first need to confront a major resistance at the $42 price zone, the subversion of which could open the pathway for a potential rally to $55.

With the crypto bull run predicted to fully take off in early 2025, this altcoin remains an investor’s favorite following its price performance in the 2021 bull cycle during which it gained by over 4,400 to establish its current all-time high of $144.96. With a market cap of $14.92, AVAX continues to rank as the 11th largest asset in the cryptocurrency market.#BitwiseBitcoinETF #BtcNewHolder $BTC $XRP $BNB

Dogecoin (DOGE), the largest and most popular meme coin by market cap, is showing signs of reversing its recent price decline. Over the past few days, DOGE has experienced a significant drop, but recent consolidation, continuous accumulation by whales, and a shift in market sentiment might be driving potential upside momentum.

Can Dogecoin (DOGE) Break $0.36? Key Levels to Watch

Amid market uncertainty and ongoing consolidation, DOGE has formed a descending triangle pattern on the four-hour timeframe and is poised for a breakout.

DOGE Price Prediction

According to expert technical analysis, if the meme coin breaches this pattern and closes a candle above the $0.327 mark on the same timeframe, there is a strong possibility it could surge by 11% to reach $0.36 in the near future.


On the daily timeframe, DOGE appears to be consolidating within a tight range below the crucial support level of $0.36. Based on recent price action, if DOGE breaks out of this narrow zone and closes a daily candle above the $0.36 mark, there is a strong possibility it could surge by 30% to reach $0.465 in the coming days.

Current Price Momentum

Currently, DOGE is trading near $0.32, having experienced a price rally of over 2.45% in the past 24 hours. However, during the same period, its trading volume dropped by 37%, indicating reduced participation from traders and investors due to recent market uncertainty.#BtcNewHolder #BitwiseBitcoinETF $BTC $BNB $DOGE

The fact that Dogecoin's trading volume is still low, a trend that has persisted over the past few weeks indicates that its momentum is waning. As a reflection of the present uncertainty surrounding the asset, the market's lack of notable activity is both worrisome and intriguing. A lack of demand is frequently linked to low volume from a bearish standpoint, which can intensify downward pressure.

DOGE has had difficulty breaking through important resistance levels, lingering at $0.34, without making any headway. The general downward trend that began following its surge to $0.48 has continued as a result of this stagnation. Because of the low trading activity, which indicates that market participants are reluctant to commit, DOGE is susceptible to additional declines. Still, there are some positive aspects to the muted volume.


In many instances, low volume during a downtrend can indicate the end of selling pressure. This could mean that bearish momentum is waning, which could lead to a reversal, or at least a brief retracement. Around $0.28, where the 100 EMA is located, Dogecoin may find support if bulls are able to intervene at this point. A recovery from this level might pave the way for one that goes higher — perhaps as high as $0.37.
#Crypto2025Trends #BtcNewHolder $BTC $ETH $DOGE

Since its downward trend is still very much in place, XRP is still under pressure. Over the past few weeks, the asset has been steadily declining, creating a bearish channel that has brought it near important support levels. In order to decide whether it will stabilize or continue to decline, XRP is currently testing its 26 EMA.

The persistent downward trend draws attention to the unpredictability of XRP's market conditions. When combined with declining trading volumes, the descending channel indicates that investors are reluctant to make a strong comeback to the market. If the general state of the market deteriorates, this lack of conviction makes XRP more susceptible to selling pressure.

XRP has been able to maintain a comparatively stable position close to its 26 EMA in spite of the dire short-term outlook. A sustained hold above this level could offer some respite for the asset, as it has historically served as a crucial support during volatile times. A break below this level, though, would probably quicken the decline and move XRP closer to the $1.80-$1.50 range, which is home to the 50 EMA and other historical supports.


The asset's general structure should also cause market participants to exercise caution. Concerns regarding XRP's medium-term prospects are raised by its failure to mount a robust recovery or break above significant resistance levels around $2.50. Reversing the bearish sentiment and restoring investor confidence require a successful breakout above this resistance.

At the moment, XRP's position is both crucial and vulnerable. The wider downtrend presents serious risks, even though the asset has demonstrated resilience close to its 26 EMA. A breach of the 1.80 level could indicate a more significant correction, so traders and investors should keep a careful eye on it. However, if stability is maintained above the 26 EMA, a slow recovery may be possible; however, significant buying pressure would be needed to change the trend.#XmasCryptoMiracles #BtcNewHolder $BTC $ETH $XRP

XRP price started a fresh increase above the $2.20 support level, like Bitcoin and Ethereum. There was a decent increase above the $2.25 and $2.30 levels.

The price even tested the $2.35 level before the bears appeared. A high was formed at $2.348 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2.130 swing low to the $2.348 high.

The price is now trading above $2.25 and the 100-hourly Simple Moving Average. There is also a connecting bullish trend line forming with support at $2.285 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance near the $2.32 level. The first major resistance is near the $2.35 level. The next resistance is $2.40. A clear move above the $2.40 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 $2.720.

Another Decline?

If XRP fails to clear the $2.350 resistance zone, it could start another decline. Initial support on the downside is near the $2.28 level and the trend line. The next major support is near the $2.240 level or the 50% Fib retracement level of the upward move from the $2.130 swing low to the $2.348 high.

If there is a downside break and a close below the $2.240 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.050 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 – $2.280 and $2.240.

Major Resistance Levels – $2.350 and $2.40.
#WeAreAllSatoshiNakamoto #ReboundRally $BTC $XRP $BNB

Ripple’s XRP is currently up by more than two percent and is trading above the crucial $2.15 level at the time of writing. According to analysts XRP market remains in an uptrend on the larger time frame, with key support found between $1.50 and $1.79.

As long as XRP holds above these levels, the focus is on higher price targets. However, it is essential to note that the market remains fragile, as the breakout point is not yet fully established.

Consolidation Phase and Potential for Higher Prices


At present, XRP is consolidating, but there is still potential for upward movement. A successful breakout and further momentum could lead to an attack on the all-time high, which remains a strong possibility in the near future. However, a drop below the $1.96 level would shift the focus to the key support zone, between $1.50 and $1.79.

Short-Term Outlook: Sideways Consolidation

The price action appears to be in a sideways consolidation pattern, similar to what is seen on the HBAR chart. This consolidation could represent an Elliott Wave triangle pattern, which often leads to boring price movements. The triangle consists of five waves, and we are currently in the process of completing these waves. To confirm the continuation of this pattern, XRP would need to hold above the low of the C-wave at $1.94.

If the price falls below $1.94, XRP could enter the Fibonacci support zone between $1.39 and $1.80, where further consolidation or correction may occur.

Conclusion: Waiting for Confirmation

Currently, there is little new development in the market, as XRP is either consolidating or showing minimal movement. The key levels to watch are $1.96 to the downside and the B-wave high around $2.72 to the upside. Any movement beyond these points will give clearer direction, but until then, we remain in a wait-and-see mode.#WeAreAllSatoshi #MarketRebound $BNB $XRP $PEPE

Ripple’s XRP is currently trading in red and is trading below the $2.25 mark. Majority of the top 10 coins are trading in red, including Bitcoin. XRP continues to trade sideways as it remains in a consolidation phase. This range-bound movement is expected to exist as the market works through a correction. Here’s an update on the important price levels to monitor for XRP in the coming days.

Key Support Levels

XRP is currently facing support between $2.24 and $2.21. This range is based on Fibonacci retracement levels, but it is important to note that this support is relatively weak and could potentially be broken. The critical level to watch is the $1.94 swing low. As long as XRP stays above this level, the consolidation phase remains intact. However, if the price falls below $1.94, it could signal a shift toward lower support levels.

Potential Lower Support Zone

If XRP fails to hold above the $1.94 level, the next key support zone lies between $1.85 and $1.12. This could be the area where XRP finds strong buying interest if the current consolidation breaks down.

Key Resistance Levels

On the upside, XRP is approaching resistance near the $2.72 level. This price point is crucial because if XRP breaks above it, it could signal a potential rally toward previous highs. If XRP continues to hold its ground and eventually breaks out to the upside, this resistance level could be a significant target.#WeAreAllSatoshi #ChristmasMarketAnalysis $BNB $XRP $BTC

Ripple’s XRP is down by more than six percent and is trading at $2.22 level at the time of writing. XRP’s price is at a crossroads and has lost the majority of the gains made in the last seven days. All of the top 10 coins are trading in red, with Solana and Dogecoin recording double-digit losses.

Analysts are speculating that XRP might be in the midst of a larger correction, following a strong rally earlier this month. The price could be undergoing a consolidation phase, which may either be part of a larger corrective pattern or a more extended sideways movement.

Potential Scenarios, Key Resistance and Support Levels


Resistance Zone

The immediate resistance for XRP is between $2.30 and $2.53. If the price reaches this range, it may face selling pressure and could potentially reverse to the downside. Traders should be cautious if the price approaches this area.

Critical Support Level

The key support level to watch is $1.96, where a previous low was formed earlier in December. If XRP drops below this level, it could trigger further selling, potentially pushing the price lower into a range between $1.39 and $1.80.

Consolidation Phase

XRP could be in the midst of a consolidation phase, where the price moves sideways within a defined range. This could be a correction after the recent rally. If XRP remains above the $1.96 level, it could eventually break higher, potentially testing the resistance zone between $2.30 and $2.53.

Downside Risk

If XRP breaks below the $1.96 support, it could enter a deeper correction. In this case, the price might move towards the lower support zone between $1.39 and $1.80. This is a crucial level to monitor for any potential reversal.#WeAreAllSatoshi #BURNGMT $BTC $XRP $PEPE

XRP bounced back from lows of $1.95 to reach $2.38, showing unexpected strength. The broader crypto market also saw recovery after a sell-off earlier this week. Inflation data released on Friday calmed concerns, helping markets regain momentum.

Whale activity added fuel to XRP’s rally. Large holders transferred nearly 100 million XRP, worth over $220 million, during the dip. Crypto analyst Ali Martinez reported whales purchasing 80 million XRP since December 17. This buying spree reflects confidence in XRP’s potential.

Technically, XRP faces resistance at $2.72. A break above this level could lead to significant gains. If the price drops below $1.90, however, XRP might fall toward $1.59. Analysts expect price movement between $1.90 and $2.72 before a decisive breakout.

Ripple’s Foundation Strengthens
The XRP Ledger continues to innovate. The Multi-Purpose Token (MPT) standard recently passed a detailed audit without critical issues. This success strengthens the platform’s security and credibility, attracting developers and institutions.

A breakout past $2.73 could spark a rally toward the previous all-time high of $3.31. Historical trends suggest even higher targets may follow. Recent whale activity and technical progress hint at a bright future for Ripple.

XRP appears ready for a new wave of growth. With strong buyers and solid network developments, the next big move seems closer than ever. Ripple’s momentum signals not just recovery but the potential for historic gains ahead.#WeAreAllSatoshi #BTCOutlook $BTC $BNB $XRP

Ripple’s XRP is up by more one percent and is trading at $2.28 level at the time of writing. After retesting levels below $2, the price is now maintaining bullish momentum. Bitcoin and other coins are also down right now, and some traders are taking advantage of the dip by buying more. The price of XRP has been consolidating around the $2 range, and this is where it could stay for a while, which is a good sign for holders. Overall, the market is seeing a lot of liquidations, with $680 million wiped out in the last 12 hours alone.

Short-Term Price Range and Potential Movements

Currently, XRP is trading between $1.96 and its all-time high of $3.30. The price remains squeezed within this range, and a potential upside movement could still emerge. A short-term bullish scenario could see one or two additional highs as part of a larger wave structure, similar to what is expected in other major cryptocurrencies, such as Bitcoin.


Possible Elliott Wave Count and Structure

There are two possible Elliott Wave counts on the XRP chart. The first suggests the top may already be in place, with the current price action forming a fourth wave triangle. If this count plays out, a final fifth wave could complete the current bullish cycle. The second wave count proposes that an additional 4-5% upside movement may occur before the cycle concludes. The focus remains on the current structure and its potential implications.

Validation and Invalidations: Key Price Levels

To keep the triangle scenario alive, XRP must stay above $1.90. If the price breaks below this level, it would invalidate the triangle count, suggesting a more direct ABC correction. This scenario would likely see XRP move lower before any potential recovery. For now, it’s important to remain flexible regarding the exact microstructure of the market.$BTC $BNB $XRP #WeAreAllSatoshi #MarketPullback

Ripple’s XRP has drifted to the red zone and is currently down by more than 2 percent. XRP has been trading within a range of approximately $2.20 to $2.70 over the past few days, showing limited movement on the larger time frames. The altcoin has recently experienced a slight pullback, which has led to the invalidation of a previous bullish breakout pattern.

While the price has not changed significantly, it remains within a potential bull market structure. The strong resistance level is around $2.90 to $3, where selling pressure has consistently been observed. On the lower end, there is support near $2, which has been tested multiple times and serves as the lower boundary of XRP’s current trading range. If the price breaks below $2, it may hint further downside.


Understanding The Support and Resistance Levels

The breakout had been confirmed at around $2.35, but the price closed below this level, invalidating the pattern and suggesting that further upside momentum is unlikely in the near term. The immediate support level in the short term is around $2.30 to $2.31, which is currently holding, but if it breaks, the next support lies around $2.23, with further downside possible towards the $2 level.

It will also most likely drop to $1.90. After reaching $1.90, the key question is whether XRP can hold that level. If it breaks $1.90, the market will enter a bear phase, and the bullish trend will be over. However, that hasn’t happened yet, so it’s too early to make any conclusions. However, if XRP holds $2.30, it could rise to $2.60. If it breaks above $2.60, we can consider $3 as the next target.$BTC $BNB $XRP #BTCNextMove #WeAreAllSatoshi

XRP’s price is currently trading between two key levels: strong support around $2 and resistance between $2.90 and $3. This $3 level has been a tough barrier for XRP, and the price hasn’t yet broken down the overall bullish trend, despite some short-term pullbacks. Right now, XRP is in a sideways consolidation phase, and it appears to be staying within this range for the time being.

Key Fibonacci Levels

The key Fibonacci levels have been met, but there could still be a small dip before any further upward movement. The price has maintained an overall bullish trend, with the possibility that the price bottomed around $1.90 in 2020, and we’re now seeing an upward movement that could continue.

Bullish Flag Breakout

According to analyst Josh of Crypto World, XRP recently broke out from a bullish flag pattern, signaling short-term upward movement. Even with a small pullback, the price is still above the breakout point, meaning those who entered the trade are still in profit. The price target for this breakout is around $3.80, which suggests a potential 47-48% increase from current levels.


However, resistance levels remain important. If XRP hits the $2.90-$3 range, it could struggle to move higher. Therefore, while the bullish target is in play, other factors need to be considered.

XRP is bouncing from short-term support around $2.50. If it falls below this level, the next support is around $2.38. The analyst said that a drop below $2.38 would invalidate the current bullish outlook. It is important to note that at the time of writing, XRP is trading at $2.36 level. Short-term resistance to watch includes levels around $2.70, $2.78, and $2.85. If XRP breaks these levels, it could face more resistance near $2.90-$3.

Overall, XRP is still stuck in its current price range, with no clear breakout yet. The price is likely consolidating before making another move upward, but we should wait for the market to stabilize before making any conclusions, especially after the recent Fed decision.#MarketCorrectionBuyOrHODL $BTC $XRP $BNB

Despite several attempts, Dogecoin has failed to trade above the multi-year resistance at $0.42. The meme coin’s last effort earlier in the month sparked an over 16% correction to as low as $0.36537.

However, top analysts continue to bet on Dogecoin’s surge this cycle. Most recently, seasoned market speculator Cantonese Cat stated that the leading meme coin is ready for its next bullish outburst, targeting an ambitious surge to $24

Higher Prices Imminent: Analyst

Meanwhile, market expert Javon Marks has insisted that Dogecoin is historically having one of its best bull cycles. In a Monday tweet, the analyst suggested that the asset’s price action has unfolded almost perfectly, indicating that DOGE will perform much better this bull season

Furthermore, the analyst speculated an imminent bullish momentum that would catalyze the surge past the current resistance to make a new all-time high. His assertion hinged on Dogecoin’s historical price action in this stage of the bull cycle

Dogecoin Historical Price Action

Interestingly,noted that the imminent 86% uptick from the current market price to surpass its previous high does not end Dogecoin’s bull cycle. The seasoned commentator asserted a much higher target, insisting that a 653% push to $3 is conservative


A super-bullish cycle for Dogecoin would see it hit ambitious prices like $7.20 and $15. Notably, this would entail a 1,709% and 3,669% price growth, respectively

Analysts Share Aligning Dogecoin Price Calls

Dogecoin call aligns with other notable price speculations from notable analysts. For instance, Ali Martinez speculated in a recent commentary that the largest meme coin by market cap would surge to at least $3 and as high as $18 if things go wild

Also, lead Dogecoin analyst suggested a slightly higher price action to $4. The Crypto Basic reported that the market speculator based his lofty price call on a macro golden pocket price pattern

In the meantime, Dogecoin trades at $0.398, down 2.6% in the past seven days.$BNB $ETH $BTC #WeAreAllSatoshi #CryptoUsersHit18M

XRP price started a decent upward move above the $2.35 level, like Bitcoin and Ethereum. There was a move above the $2.40 and $2.420 resistance levels.

The price even spiked above $2.50 before the bears appeared. A high was formed at $2.530 and the price is now consolidating gains. There was a minor decline below $2.4650. The price is now consolidating and trading below the 50% Fib retracement level of the downward move from the $2.53 swing high to the $2.354 low.

The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is also a short-term bullish trend line forming with support at $2.380 on the hourly chart of the XRP/USD pair.

On the upside, the price might face resistance near the $2.465 level. It is near the 61.8% Fib retracement level of the downward move from the $2.53 swing high to the $2.354 low. The first major resistance is near the $2.50 level.


The next resistance is $2.550. A clear move above the $2.550 resistance might send the price toward the $2.650 resistance. Any more gains might send the price toward the $2.720 resistance or even $2.750 in the near term. The next major hurdle for the bulls might be $2.880.

Another Drop?

If XRP fails to clear the $2.465 resistance zone, it could start another decline. Initial support on the downside is near the $2.380 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 $2.280 support. The next major support sits near the $2.20 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 – $2.380 and $2.350.

Major Resistance Levels – $2.4650 and $2.50.
$XRP $BTC $BNB #WeAreAllSatoshi #MarketNewHype

Ripple’s XRP remains steady with little change on the chart. The market is still in the midst of a larger upward trend, potentially forming a third wave in an Elliott Wave structure. However, an internal correction seems to be occurring, which is not fully visible on the broader time frame. XRP is currently positioned between the all-time high and the 2021 breakout point.

At the time of writing, XRP is trading at $2.47 and is up by more than five percent in the last 24 hours. A key level to watch is the $2.48–$2.49 range. A break above this level could signal a move higher. A sustained breakout above the price channel would suggest that XRP may target $2.76 or even higher.

Key Support and Resistance Levels

From a technical perspective, XRP’s key support levels are between $1.50 and $1.79. As long as prices hold above this range, there could be further upside. On the resistance side, the $3.23–$3.30 range, which includes the all-time high, is important.

Longer-term, there is potential for XRP to reach $5–$10, but this could occur during either the third or fifth wave of the larger cycle. The overall trend remains upward, and close attention is being paid to any signs of additional upward momentum.

Risk Factors to Consider

The main risk areas lie between $1.50 and $1.79. There’s a chance XRP could stay above the 2021 high, avoiding a deep pullback. Instead, the price might experience a sideways correction. If the price moves higher, support levels will shift upward along with the price.

Looking at the Shorter Time Frame

On the smaller time frame, XRP is attempting to break out of its current price channel, though the breakout has not yet been confirmed. The chart has followed an ABC pattern, hinting at a potential correction#WeAreAllSatoshi #BTC☀️ $BTC $XRP $BNB

Ripple’s XRP is currently down by more than three percent and is trading below the $2.40 levels. XRP is bouncing from the $2 level, which remains strong support, while the $3 range acts as significant resistance.

The price is holding strong between $2 and $2.24 and this area must hold for the bullish scenario to remain intact. These levels are also important to monitor for any potential breakout or pullback.

Bullish Pathway:

There’s still a possibility for a bullish move, where the current uptrend could be the start of a larger wave. To confirm this, the price needs to break through the resistance at $2.76. If this happens, the price could push higher towards new all-time highs.

Alternative Scenario – Wave Correction:

Alternatively, the price could be in a corrective phase (Wave 4), where a pullback might happen. If the price sees a five-wave move down and break support, a larger correction could start. However, this doesn’t necessarily mean the trend will turn bearish, as it could still lead to higher prices after the correction.

Resistance: Between $2.46 and $2.76
Support: Between $2.24 and $2.00

Next Steps for XRP:

The price is currently seeing sideways price action, squeezed between support and resistance. If a pullback occurs, the support zone between $2 and $2.24 could be a great buying opportunity. From there, we may see a bounce and possibly a third-wave push higher in the longer-term scenario.

Analyst Eyes $5 Target

Analyst said that XRP is forming a potential bullish flag pattern. To confirm this, the price needs to break above resistance at $2.48, and ideally surpass the previous high of $2.62. If this happens, the price target could be above $5, offering a potential 100%+ gain.

In case of rejection, short-term support is at $2.24, with further support at the $2 level and around $1.95. While short-term trends are slightly bearish, these are minor pullbacks within a larger bullish market.

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