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XRPUSDT
Entry 3.1279 2025-08-11 21:51 UTC
Target 16.0000
Fail 2.5000
Risk / Reward 1 : 21
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XRPUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis identifies a downward sloping resistance line on the 4-day chart for XRP, which is flipping into new support. An uptrend is expected to continue with higher highs and higher lows. HBAR also looks bullish and is flipping its downward sloping resistance line into support, anticipating a massive move higher. Google Trends shows little retail interest in XRP, which is considered bullish as it consolidates at a high level. XRP Ledger's RWA value surged over 52% in the past 30 days, indicating institutional interest. Hedera's DeFi TVL has more than doubled. Some recent XRP buyers are cashing out, leading to sideways consolidation, and a slight bearish trend. Exchange inflows on Binance have increased. The monthly RSI shows a downward sloping resistance line since 2017; XRP has experienced price pullbacks each time the RSI touches this line. The stochastic RSI suggests further selling pressure may occur. A cup and handle structure is forming and if XRP breaks this multi-year trendline, a final wave higher of the bull run is expected.
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