Latest news with #XRPUSDT
Business Mayor
12-05-2025
- Business
- Business Mayor
XRP Price Outperforms Bitcoin, Ethereum As ‘Strange Signal' Emerges, Why The Target Is $4
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The XRP price, while still being well below its all-time high price, is doing incredibly well after the market rebound. The altcoin has been able to outperform the likes of Bitcoin and by a large margin, showing its strength in the market recently. This comes as crypto analysts in the community have been predicting and calling for higher prices, expecting XRP to keep outperforming the heavy-hitters. XRP Leaves Bitcoin And Ethereum In The Dust Pro-XRP lawyer Bill Morgan took to social media to share an important update about the recent XRP price performance. The screenshot shared in the X post showed that when compared to Bitcoin and Ethereum, XRP has performed exceptionally well. The XRPUSDT pair showed XRP was up 9.96% in the last week at the time of the post. In contrast, the XRP/BTC pair showed a1.18% increase in seven days and 1.50% increase in 24 hours. Then when compared to Ethereum, the numbers were even worse. The XRP/ETH pair showed a 20.73% crash in seven days, while the 24-hour performance showed a 5.18% decrease. 'Strange Signal' Says A Blowout Is Coming Crypto analyst MasterAnanda has pointed out a 'strange signal' that has been forming on the XRP price chart. This signals comes with the rapid changes in candle formation on the price chart through the bear and bull cycles. This candle formation refers to the volatility and price swings experienced by the altcoin each time. The first one the crypto analyst points out is the fact that back in December 2024, XRP was forming big candles with the peaks at the beginning of the month. This continues even when the price turns and began going downwards. Read More ChatGPT thinks XRP will surge by 8x by the end of 2024 Then again, in the middle of January 2025, the same thing happens as the candles grow bigger when the price peaks again. They continue on into April as XRP continues to struggle through high volatility and rapid price swings. Source: TradingView However, it seems the trend in candle formation had begun to change as volatility and price swings fell. From mid-April toward the end of the month, the crypto analyst explains that there are smaller candles while the price grows. As the volatility fell, the analyst notes that XRP moved low but never made a new low, calling this a bullish signal. Related Reading: Still Holding TRUMP Coin? This Analyst Says Recovery To $79 Is Coming 'When the market was bearish, prices were moving down with force,' MasterAnanda wrote. 'Now the market is bullish confirmed because when resistance is hit, there is no bearish force, no bearish action no bearish momentum; just consolidation before additional growth.' If this bullish signal plays out, then, going by the analyst's chart, the XRP price could be looking at a rally toward $3.6. This would be an over 50% jump in price from the current level and perhaps push it toward new all-time highs. Market rebound sends price above $0.4 | Source: XRPUSDT on Featured image from Dall.E, chart from
Business Mayor
06-05-2025
- Business
- Business Mayor
Crypto Analyst Calls Wave 5 To Send XRP Price Above $6
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. With the XRP price struggling to break out of consolidation, there is still a lot left for the altcoin to do before a definite uptrend can be registered. So far, it seems that the XRP price has already made its way through multiple support levels. However, a wave count is yet to begin that could send the altcoin soaring, according to an XRP analyst. This could mean that the cryptocurrency has more upside to come, especially as the market is expected to usher in an altcoin season. 5 Wave Counts Coming For XRP Price Crypto analyst Dark Defender took to X (formerly Twitter) to expound upon where the XRP price could be headed next. This comes after a retest of the $2.22 level and the eventual rejection from this level. The result of this is a bearish retest of the support at $2.13, a level that could be the defining moment for the bears. Nevertheless, bullish expectations are still rampant and Dark Defender has revealed how this could play out for the XRP price. Related Reading As the altcoin is expected to move through five waves, the first of these waves is naturally expected to be bullish. The crypto analyst says the XRP price correction is now nearing its end and this could mean the start of this first wave. This wave, if it plays out correctly, could push the price to $2.8 in the first instance. On the next wave, the price is expected to correct sharply, triggering an almost 20% crash and pushing toward $2.3. However, with the third wave being more bullish than the first, another bounce would set XRP on a path above $4. In this instance, the XRP price would've reached a brand-new all-time high, with the expectation of beating its 2017 high of $3.8. Source: X Next is the fourth bearish wave and this would push the price back below $4 again, but not for long. Once the fifth and final wave is underway, it is expected to push the price even higher. For this wave, the crypto analyst sees the XRP price rising as high as $6.3 for the final leg-up. Related Reading Interestingly, all of this is expected to happen in the short-term, which means sometime in 2025. The shared chart shows a completion of the five waves by December 2025, giving only seven months for all of this to play out and reach above $6. However, there is still the possibility of invalidation, especially as support for the first wave is expected at $1.88. A break below this level could trigger further downside and lead to the complete breakdown of the XRP price. Bears testing levels of support | Source: XRPUSDT on Featured image from Dall.E, chart from
