Reasons Why XRP’s Technical Structure Favors Upside Than Down Over Next 6 Months
XRP’s recent pullback to $2 has not changed the broader technical picture, according to a new analysis shared on X by crypto analyst Egrag Crypto. Despite the lack of bullish price action in recent weeks, the technical analysis proposes that the market structure continues to favor an upside continuation rather than the trend ending. This outlook places the next three to six months in a constructive zone for XRP’s price action, where the probability of further upside is higher than the risk of a downward move. Related Reading: Do Kwon Falls Hard — Terraform Labs Chief Gets 15 Years....
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Crypto analyst Steph has presented an interesting comparison between XRP’s 2017 bull run and its current 2025 market structure in a post on the social media platform X. The post, which was captured with “The $XRP playbook,” noted a repetition of its early accumulation phase that preceded its massive breakout eight years ago. The technical […]
The XRP price has spent the past several days in a fragile position after falling from $2.20 and retesting $2, which has now become the most closely watched level on its price chart. The weekly candle has managed to close slightly green for the first time in more than a month, yet the rebound has not erased the weakness created by the recent sell-off. The latest technical analysis from Guy on the Earth focuses on this exact moment, noting that XRP’s entire structure now depends on whether this $2 zone can keep functioning as the pivot that stops further downside. Holding $2 As The....
XRP’s price action continues to follow a clear corrective structure, setting the stage for a potential drop toward the key $2.03 support level. With momentum cooling and Wave 2 behavior unfolding as expected, the market may be preparing for one final dip before the uprend shift emerges. Wave 2 Dynamics: Why XRP’s Choppy Pullback Is Completely Normal CasiTrades, a well-followed crypto analyst, noted in a recent market update that XRP still appears to be navigating its way toward the macro 0.5 Fibonacci retracement level at $2.03. According to the analyst, the current price action aligns....
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....
Litecoin bulls have clawed their way back in as price leapfrogs from $1.98 to $2.06. There may be more good news in store for the investors as several technical indicators and a bullish price chart formation point to a surge in the Litecoin prices. But, for the investors' wealth to soar, Litecoin will have to cross one major hurdle: closing above $2.08. A comprehensive technical analysis on the Litecoin/Dollar 240-minute price chart taken from www.tradingview.com prominently favors the bulls. Price Structure - The price structure in the past one week has represented sideways consolidation;....