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Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

XRP Gears Up For Major Move — Chart Signals Are Clear

Sandra White
Sandra White
1 month ago
3 mins read
XRP

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XRP is showing all the signs of a move brewing, and the chart doesn’t lie. After a period of consolidation, price action is tightening, and technical indicators are flashing signals of an impending move. Whether it’s a surge to the upside or a sharp reversal, the setup is in place, and momentum is building. XRP looks loaded and ready to make its next move.

Volume Remains Subdued — Calm Before The Storm?

XRP price remains trapped inside a long-standing triangle, a pattern known for building pressure before sharp directional moves. The chart shows that sellers continue to push lower highs, compressing price action toward a support level.

Related Reading

XRP Price Trades Sideways

XRP Price Trades Sideways — Bulls Preparing for Next Push?

1 month ago

Parshwa Turakhiya pointed out on X that the Exponential Moving Average (EMA) cluster between $2.17 and $2.23 is the key breakout zone capping any upward momentum. A clean break above this range could trigger a bullish reversal. On the other hand, $2.09 is the last line of defense for the bulls. If this level fails, the structure breaks down, and XRP could swiftly drop to $1.85.

Despite the building tension, the Relative Strength Index (RSI) remains neutral, which Parshwa Turakhiya describes as “the calm before the volatility storm.” The chart structure suggests that a move is imminent. With early July just ahead, Parshwa Turakhiya warns that a breakout or breakdown is coming, and it won’t be subtle. XRP is on the edge of eruption.

XRP
Source: Parshwa Turakhiya on X

Fabio Zuccara stated that Dr. Profit, known for his sharp and historically accurate calls on XRP at $0.15, $0.38, and $0.50, has now projected a new mid-term target of $4.00. In a weekly chart shared via social media, XRP is forming a bullish structure, with a green arrow projecting a continuation move to the upside.

Zuccara outlined a crucial level for maintaining the bullish trajectory. This rebound adds strength to the outlook, suggesting that momentum is building in favor of the bulls.

In the same vein, SquirtleCharts revealed that XRP’s 4-hour chart has mapped out a precise path toward $3.00 target, with several resistance levels standing in the way, and each level varies in difficulty. The first is $2.22, the easy one, a weak resistance point that XRP could clear without much effort.

Next is $2.33, which SquirtleCharts labels as “a lot harder,” signaling a barrier that may require volume and conviction to break. The $2.48 level is “not too bad,” a moderate resistance area that might slow the rally but not be a roadblock. Finally, the $2.65 is the “pretty hard,” a zone where bulls may face challenges.

Perfect Technical Structure Sets Stage For Explosive Breakout

Massive move incoming for XRP. After a clean bounce off the $2.00 support level, the setup is aligning perfectly on the daily chart.

Related Reading

XRP price news

XRP Pullback Nearly Complete—Next Stop: $8 To $12, Says Analyst

2 months ago

Sara emphasizes that the chart structure looks flawless, with price action respecting critical zones and now coiling for an explosive breakout, with momentum building and bulls defending the support zone. The next target is $3.50; a breakout might happen fast.

XRP
XRP trading at $2.18 on the daily chart | Source: XRPUSDT on Tradingview.com
Featured image from Istock images, chart from tradingview.com
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Sandra White
Sandra White

Sandra White

My name is Sandra White, a crypto writer at NewsBTC, providing the latest updates on the world of cryptocurrencies. I love listening to music, learning new things, a family-oriented person, I dream of traveling around the world and connecting with nature, experiencing different cultures, and seeing how people around the world live.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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