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XRPUSDT
Long Entry 2.7626 2025-09-25 20:25 UTC
Target 4.2000 Fail 1.4700
Risk/Reward 1 : 1
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XRPUSDT
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on XRP's price action on a 3-day timeframe, comparing the current market behavior to that of 2020, 2024 and 2014, emphasizing the significance of the 50 simple moving average (SMA). A pattern is observed where XRP drops below the 50 SMA around March-May, followed by a recovery and a pump above it around August. A pullback then occurs, leading to a substantial price increase around November. In 2020, the price rose from approximately $0.23 to $0.77. In 2024, a similar pattern saw XRP break below the 50 SMA in April, form a double bottom, and then surge from around $0.50 to nearly $2.90 and higher towards $4.00 after July and then to $5. The analysis suggests that after XRP drops below the 50 SMA around April 2025, followed by a rally towards November, so that there could be a potential bullish movement. The current price sits at around $2.83 and an expected target of around $4.20 is provided. If XRP goes below 1.47, this may invalidate the analysis.
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