Boom Incoming? XRP’s Market Setup Looks ‘Explosive,’ Analyst Says
According to chart work shared by market analyst Mikybull, XRP is sitting inside what he calls a tight bullish structure that could lead to a sharp rise. Reports have disclosed the setup on a three-week chart and suggested the corrective phase may be ending. The analyst flagged several price levels that traders are now watching closely. Related Reading: Ethereum Beware — Analyst Says XRP’s Next Bull Run Could Be Deadly Technical Setup And Key Levels Mikybull pointed to an ABC correction pattern that looks close to finishing. He showed XRP hovering around $2.50 and sitting just above a....
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XRP hovers at a key resistance, signaling a crucial decision point. With momentum building, traders now wonder, will one final dip come before the next major breakout? XRP Faces A Crucial Decision Zone Amid Ongoing Range CasiTrades, in a recent market update, highlighted that XRP continues to range within a critical zone, keeping its setup for a potential final wave down valid. The analyst noted that the price remains at a key decision point, with ongoing tests of the Wave 4 highs acting as a firm ceiling against further upside movement. Related Reading: Boom Incoming? XRP’s Market Setup....
XRP is entering what analyst Will Taylor (@CryptoinsightUK) describes as a rare momentum reset, with technical conditions now lining up around a potential sharp move higher. In the latest edition of The Weekly Insight, Taylor argues that XRP’s recent downturn may have compressed momentum to an unusual degree just as regulatory and ecosystem narratives begin to reappear. XRP Momentum Hits Rare Extreme The core of the setup is XRP’s relative strength index. According to the analyst, previous instances where XRP’s RSI reached oversold territory, or touched the 32 level or lower, have....
In the latest “The Weekly Insight,” analyst @CryptoinsightUK places XRP at the center of the next market advance—mapping a five-wave structure that targets Wave 3 ≈ $6.50, Wave 4 holding > $5, and Wave 5 ≈ $9.69. The call is anchored in XRP’s relative strength and a broader macro setup that he describes bluntly: “I’m bullish. I’m bullish. I’m bullish.” Near term, he concedes Bitcoin can still “dip in the short term and reclaim some of the liquidity sitting below us,” but he argues that any shakeout precedes an aggressive upswing that should favor leaders like XRP. The author’s....
XRP has been through a rollercoaster over the past few days, tumbling in a crash alongside the rest of the crypto market. The crash drove XRP’s price to a flash low of $1.64 before it recovered to $2.36, with volumes surging 164% above the 30-day average. This flash crash created a notable downside wick on XRP’s price chart, which, according to a technical analyst, is reminiscent of a 2017 price structure that suggests that the cryptocurrency is about to enter into a massive rally. XRP 2017 And 2025 Setup Shows Striking Similarities XRP’s recent flash crash has grabbed....
New reports reveal that XRP’s Open Interest (OI) Z-Score has declined to extremely low levels, indicating reduced speculation and a possible leverage reset. According to analysts, the last time XRP’s OI Z-Score reached this level, it triggered an explosive 600% rally to new highs in 2024, ending the cryptocurrency’s years-long decline and consolidation. XRP Open Interest Z-Score Declines To Near Zero Market analyst Xaif Crypto has taken to X to highlight a major shift in XRP’s leverage conditions across the futures market. According to the analyst, derivatives activity has cooled down....