Latest news with #AliChart
Time of India
6 days ago
- Business
- Time of India
XRP price prediction: slipping nearly 8% in four days — is this sharp dip the calm before a $12.60 storm after the SEC win?
XRP price forecast is at a critical point after slipping nearly 8% in four days, testing key support near $3.11. Traders are closely watching whether it can break above the $3.42 resistance, a move that could spark a rally toward $4.00 and beyond. Analysts point to strong institutional interest, bullish technical patterns, and Ripple's recent legal win against the SEC as key drivers. However, looming U.S. inflation data could add volatility. XRP has taken a hit, sliding almost 8% over the past four days, but traders are wondering if this pullback is just the setup for a massive breakout fueled by its recent SEC victory. Tired of too many ads? Remove Ads Why has XRP slipped despite strong bullish sentiment? What are analysts saying about the next big move? Tired of too many ads? Remove Ads Short-term XRP price outlook Support zone: $3.05–$3.15 $3.05–$3.15 Immediate resistance: $3.42 $3.42 Upside target if breakout succeeds: $3.60–$4.00 $3.60–$4.00 Downside risk if support breaks: $2.95–$3.00 $2.95–$3.00 Drivers: U.S. CPI inflation data, profit-taking pressure, trading volume strength Long-term XRP price outlook End of 2025 target: $5.05 (Coinpedia) $5.05 (Coinpedia) Cycle rally potential: $8–$11 (NewsBTC 'euphoria phase') $8–$11 (NewsBTC 'euphoria phase') Ultra-bullish forecast: $12.60 (Ali Chart, post-SEC win) $12.60 (Ali Chart, post-SEC win) 2030 projection: $26.50 (Coinpedia) $26.50 (Coinpedia) 2050 projection: $526 (speculative long-term scenario) $526 (speculative long-term scenario) Drivers: Ripple's legal clarity, institutional adoption, macroeconomic environment, ETF approvals, technical breakout patterns Which price levels are critical to watch this month? Could XRP see a 'euphoria phase' before year-end? FAQs: Tired of too many ads? Remove Ads XRP is once again in the spotlight after a volatile week that saw the token retreat from recent highs, leaving traders debating whether this is a healthy pause before another rally or the start of a deeper pullback. Despite the dip, several prominent analysts remain convinced that XRP could be on the brink of a breakout toward— and potentially much higher — if it can hold key support levels and overcome looming macroeconomic the past four sessions, XRP has shed roughly, sliding from above $3.40 to intraday lows near, according to TradingView data. Analysts attribute the decline to a wave of profit-taking after a strong rally earlier this month, as well as cautious positioning ahead of therelease — an event that could rattle the broader crypto market if it signals more aggressive Federal Reserve the pullback, daily trading volumes remain elevated, suggesting that institutional interest in XRP has not waned. 'We're seeing some selling pressure, but it's more of a tactical repositioning than a loss of confidence,' one market strategist told Finance Chart, a well-known crypto analyst, points to a breakout from a multi-year triangle pattern and the legal clarity following Ripple'sas the foundation for a much larger move. His near-term focus is abreakout zone, but his broader projection sees the possibility of XRP hittingover the next market a trader featured in The Tradable has identifiedas a 'perfect dip' entry point, maintaining a bullish target ofin the coming weeks. 'If XRP can reclaim and hold above $3.42, the momentum could quickly snowball,' the trader analysts highlightas the immediate resistance level that could unlock a push toward, withas the next major psychological barrier. On the downside, failure to defendcould open the door to a retest of thresholds are likely to be tested in the days surrounding the U.S. CPI report, as macro-driven volatility tends to spill over into crypto bullish forecasters, including those at NewsBTC, believe XRP is positioned for an 'euphoria phase' between, fueled by positive technical patterns like aand historical cycle behavior. In this scenario, a clean break abovecould ignite a rally towardCoinpedia's long-term models take the optimism further, projectingby the end of 2025,by 2030, and evenby 2050 — though such ultra-bullish targets remain speculative and highly dependent on market adoption, regulatory stability, and macroeconomic current setup is a classic tug-of-war between short-term traders locking in profits and longer-term bulls positioning for what they see as a much bigger move ahead. With macroeconomic events looming, the next two weeks could prove pivotal in determining whether XRP finally breaks through the $3.42 resistance or slides back toward key support now, the message from the data is clear: liquidity remains strong, technicals are coiling, and one decisive breakout could be all it takes to shift the narrative from caution to see potential for $4 short term and up to $12 long term if key resistance and caution ahead of U.S. inflation data are driving the short-term dip.
Economic Times
6 days ago
- Business
- Economic Times
XRP price prediction: slipping nearly 8% in four days — is this sharp dip the calm before a $12.60 storm after the SEC win?
Synopsis XRP price forecast is at a critical point after slipping nearly 8% in four days, testing key support near $3.11. Traders are closely watching whether it can break above the $3.42 resistance, a move that could spark a rally toward $4.00 and beyond. Analysts point to strong institutional interest, bullish technical patterns, and Ripple's recent legal win against the SEC as key drivers. However, looming U.S. inflation data could add volatility. XRP has taken a hit, sliding almost 8% over the past four days, but traders are wondering if this pullback is just the setup for a massive breakout fueled by its recent SEC victory. XRP is once again in the spotlight after a volatile week that saw the token retreat from recent highs, leaving traders debating whether this is a healthy pause before another rally or the start of a deeper pullback. Despite the dip, several prominent analysts remain convinced that XRP could be on the brink of a breakout toward $4.00 — and potentially much higher — if it can hold key support levels and overcome looming macroeconomic headwinds. Over the past four sessions, XRP has shed roughly 8%, sliding from above $3.40 to intraday lows near $3.11, according to TradingView data. Analysts attribute the decline to a wave of profit-taking after a strong rally earlier this month, as well as cautious positioning ahead of the U.S. CPI inflation data release — an event that could rattle the broader crypto market if it signals more aggressive Federal Reserve policy. Despite the pullback, daily trading volumes remain elevated, suggesting that institutional interest in XRP has not waned. 'We're seeing some selling pressure, but it's more of a tactical repositioning than a loss of confidence,' one market strategist told Finance Magnates. Ali Chart, a well-known crypto analyst, points to a breakout from a multi-year triangle pattern and the legal clarity following Ripple's SEC court victory as the foundation for a much larger move. His near-term focus is a $3.50–$3.70 breakout zone, but his broader projection sees the possibility of XRP hitting $12.60 over the next market cycle. Separately, a trader featured in The Tradable has identified $3.10 as a 'perfect dip' entry point, maintaining a bullish target of $4.00 in the coming weeks. 'If XRP can reclaim and hold above $3.42, the momentum could quickly snowball,' the trader noted. Support zone: $3.05–$3.15 $3.05–$3.15 Immediate resistance: $3.42 $3.42 Upside target if breakout succeeds: $3.60–$4.00 $3.60–$4.00 Downside risk if support breaks: $2.95–$3.00 $2.95–$3.00 Drivers: U.S. CPI inflation data, profit-taking pressure, trading volume strength End of 2025 target: $5.05 (Coinpedia) $5.05 (Coinpedia) Cycle rally potential: $8–$11 (NewsBTC 'euphoria phase') $8–$11 (NewsBTC 'euphoria phase') Ultra-bullish forecast: $12.60 (Ali Chart, post-SEC win) $12.60 (Ali Chart, post-SEC win) 2030 projection: $26.50 (Coinpedia) $26.50 (Coinpedia) 2050 projection: $526 (speculative long-term scenario) $526 (speculative long-term scenario) Drivers: Ripple's legal clarity, institutional adoption, macroeconomic environment, ETF approvals, technical breakout patterns Technical analysts highlight $3.42 as the immediate resistance level that could unlock a push toward $3.60–$3.70, with $4.00 as the next major psychological barrier. On the downside, failure to defend $3.15 could open the door to a retest of the $2.95–$3.05 range. These thresholds are likely to be tested in the days surrounding the U.S. CPI report, as macro-driven volatility tends to spill over into crypto markets. Some bullish forecasters, including those at NewsBTC, believe XRP is positioned for an 'euphoria phase' between August and October 2025, fueled by positive technical patterns like a bullish flag breakout and historical cycle behavior. In this scenario, a clean break above $5.00 could ignite a rally toward $8–$11. Coinpedia's long-term models take the optimism further, projecting $5.05 by the end of 2025, $26.50 by 2030, and even $526 by 2050 — though such ultra-bullish targets remain speculative and highly dependent on market adoption, regulatory stability, and macroeconomic conditions. XRP's current setup is a classic tug-of-war between short-term traders locking in profits and longer-term bulls positioning for what they see as a much bigger move ahead. With macroeconomic events looming, the next two weeks could prove pivotal in determining whether XRP finally breaks through the $3.42 resistance or slides back toward key support levels. For now, the message from the data is clear: liquidity remains strong, technicals are coiling, and one decisive breakout could be all it takes to shift the narrative from caution to euphoria. Q1: What is the current XRP price forecast for 2025? Analysts see potential for $4 short term and up to $12 long term if key resistance breaks. Q2: Why is the XRP price going down today? Profit-taking and caution ahead of U.S. inflation data are driving the short-term dip.
