XRP’s liquidity structure on higher timeframes is in a situation where the path of least resistance could extend to the $4 level. The remark came from crypto analyst Bird in response to hourly and daily liquidity heatmaps shared by Cryptoinsightuk, which show a clear contrast between short-term and higher-timeframe liquidity positioning. At the time of writing, XRP is trading around $1.45, still below the large liquidity clusters visible above the current price. According to Bird, that imbalance may not stay unresolved for long. Hourly Liquidity Cleared, Short-Term Volatility Reduced XRP’s…
Tag: Analyst
Ether May Be Priced In For Uncertainty: Analyst
Ether’s price has already factored in much of the short-term macro risk and upcoming industry catalysts, setting it up for a period of sideways trading, according to a crypto analyst. “A lot of near-term uncertainty is priced into Ethereum,” Swyftx lead analyst Pav Hundal told Cointelegraph on Thursday. “It would not surprise me at all if ETH remains pretty subdued over the next few weeks.” Hundal added that geopolitical tensions, including escalating issues around Iran, as well as progress on the US CLARITY Act, have largely already been factored into…
Mapping Out XRP’s Path To $1,200: Analyst Shares Insights
Recent market dynamics have given different reasons as to why the XRP price is programmed to shoot to double and triple digits. However, a supporter known as Remi Relief recently outlined a case for a four-figure XRP valuation, with the reason being that several unfolding events could lay the groundwork for a move toward $1,200 and even beyond. Remi Relief’s XRP price outlook is based on a combination of incoming regulations, geopolitical developments, and long-term pattern comparisons to XRP’s historic rally in 2017/2018. The Clarity Act And Regulatory Momentum According…
Analyst Predicts XRP Price Will Reach $13 In 3 Months As Accumulation Ends
XRP might be trading well below the $2 price level, but this hasn’t stopped outrageous predictions from its supporters. One of such recent predictions came from a crypto analyst who projected a surge to double-digit territory in the coming months. The prediction comes as XRP is trading around the mid-$1 range, with weeks of tight consolidation and a lack of clear bullish momentum across the entire crypto market. However, the prediction is that XRP has ended its wave 2 accumulation and will rally to $13 within the next three months.…
Analyst Reveals What XRP Price Will Move Toward In Bid For $4
The XRP price is flashing strong signs of a potential breakout, as one analyst points to a growing liquidity imbalance that could send the cryptocurrency racing toward $4. Currently trading near $1.5, which is more than 180% below that target, XRP would require substantial bullish momentum and a notable shift in market sentiment to reach this level. Liquidity Structure Signals XRP Price Rally To $4 In a recent X post, XRP Ledger (XRPL) developer Bird said XRP is shaping up well at current levels, arguing that its broader liquidity structure…
Analyst Wans XRP Price Could Crash Below $1 If Bitcoin Reaches This Level
Crypto analyst TARA has predicted that the XRP price could still crash below the psychological $1 level. This came as she drew the altcoin’s correlation to Bitcoin’s price action, while highlighting how a BTC crash could also push XRP to as low as $0.87. XRP Price Could Drop To $0.87 If Bitcoin’s Crash Deepens In an X post, TARA stated that a Bitcoin crash to $52,200 would bring the XRP price down to its .786 support at $0.87. She noted that this level is also the .618 extension and the…
XRP Price To $1 Or $10? Analyst Warns Investors Of Possible Crash
XRP is still grinding in the mid-$1 range, with the past 24 hours, for instance, spent trading between $1.38 and $1.46. Although XRP is trading with some stability compared to the crash last week, the outlook among crypto traders and analysts is divided. Some traders are positioning for additional downside, while others are anticipating a rebound to higher price levels. A technical outlook shared on X added uncertainty to the discussion around where XRP could be headed next, with the analyst warning of a possible crash to $1. It is…
Analyst Warns Investors To Be Prepared For When The Correction Resolves
Crypto analyst Austin has commented on how XRP could record a 1,500% rally to $24 based on an Elliot Wave theory. He also stated that the rally will be swift, which is why the analyst warned investors to be prepared when the current correction is over. XRP Eyes 1,500% Rally To $24 as Analyst Warns Investors To Be Prepared In an X post, Austin shared an accompanying chart showing that XRP could rally to $24 on Wave 5 of an Elliot Wave analysis. Meanwhile, the altcoin is expected to reach…
Next XRP Breakout Target At $15 Following This Measured Move; Analyst
XRP’s price action has revisited and retested a resistance level that it already broke out from on the monthly candlestick timeframe chart. According to a technical analysis shared on the social media platform X by crypto analyst Javon Marks, this retest is part of a broader continuation structure, much like something it has done before. Despite the current bearish price action, the technical analysis is pointing to a rebound to significantly higher price targets, with the measured move projecting a run to as high as $15. XRP Pulls Back To…
XRP Price Has Just Reached Most Oversold Level In History And This Analyst Is Predicting A Bounce
The XRP price has hit oversold levels, marking its lowest readings in history. A crypto analyst has reported that each time XRP has reached these levels, a price bounce has followed. Based on this, he believes that XRP could be on the verge of another major rebound, projecting a potential rally above $2. XRP Price Sinks To Oversold Levels Ahead Of Rebound A crypto market analyst known as ‘Ripple Bull Winkle’ on X has outlined a short-term bullish outlook for XRP. Despite consistently breaking key support levels and now trading…