Tag: Analyst

Analyst Reveals What XRP Price Will Move Toward In Bid For $4

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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

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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

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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

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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

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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

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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…

Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom And A Target Of $10

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XRP’s current pullback has diverted attention away from short-term volatility and back toward the bigger picture on the chart. The cryptocurrency is now down by over 60% from its July all-time high, and the decline is showing signs of more downside.  As the price continues to break below support levels, one analyst whose earlier outlook preceded a major XRP rally says the cryptocurrency may be approaching a bottom for another accumulation phase. Analyst Points To A New Accumulation Phase XRP’s recent price action has seen many analysts projecting a bottom…

XRP Analyst Points Out ‘Exit Candle’ That Investors Should Watch

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XRP investors are closely monitoring market signals as the cryptocurrency navigates turbulent trading conditions and choppy price action. A recent analysis by market analyst Egrag Crypto identifies a critical exit candle, which could signal the next major step for XRP holders. As volatility increases and downside risks intensify, traders are debating whether to hold, sell, or buy more assets.  Analyst Identifies XRP Investors’ Next Exit Candle Egrag Crypto shared a cautious chart analysis for XRP on X this week, highlighting the importance of understanding upcoming price movements if the market…

Bitcoin ETFs ‘Hanging In There’ Despite Price Plunge: Analyst

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US-based spot Bitcoin exchange-traded fund (ETF) holders are showing relatively firm conviction despite a four-month Bitcoin downtrend, according to ETF analyst James Seyffart. “The ETFs are still hanging in there pretty good,” Seyffart said in an X post on Wednesday. While Seyffart said that Bitcoin (BTC) ETF holders are facing their “biggest losses” since the US products launched in January 2024 — at a paper loss of around 42% with Bitcoin below $73,000 — he argues the recent outflows pale in comparison to the inflows during the market’s peak.  Bitcoin…

Analyst Predicts XRP Price Wil Target 450% Rally To $7

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Crypto analyst Diana has predicted that the XRP price could rally to $7, representing a 450% gain for the altcoin. She alluded to technical setups that prove that the token could reach this price target this year, which would mark a new all-time high (ATH). XRP Price Eyes 450% Rally To $7 In an X post, Diana stated that the XRP price technical setup targets $7 next based on the Elliot Wave and Fibonacci levels. She noted that right now, the altcoin is sitting at a critical support zone between…