The past few days haven’t been kind to the crypto markets. After peaking last week, market leaders Bitcoin, Ethereum, and Ripple’s XRP and smaller altcoins saw their values tank.
XRP was hit especially hard by the retracement, falling from its multi-month high somewhere above $0.34 to as low as $0.265 during the flash Wednesday sell-off that brutalized bulls, liquidating millions of dollars worth of Bitcoin positions on BitMEX and other leverage exchanges.
Despite this brutal more-than 25% retracement in the price of the third-largest cryptocurrency, analysts remain optimistic, touting a number of indicators suggesting that bulls may soon return to graze in the XRP fields, so to say.
Ripple’s XRP Prints Flurry of Strong Signs
Popular crypto commentator CJ recently remarked that XRP’s chart setup suggests a strong breakout to the upside may soon occur.
In his chart, he depicted the fact that XRP has been building a falling wedge pattern over the past two weeks, which more often than not break to the upside. The wedge CJ drew ends at the top of a demand zone (which may act as a region of support) around $0.24, adding to the potential for the wedge to break upward — something that the analyst suggests will take XRP to $0.35.
$XRP – This would be nice. pic.twitter.com/2I1gXOYLyn
— CJ (@IrnCrypt) February 22, 2020
This is far from the only technical sign that may support bulls moving forward.
Per previous reports from NewsBTC, the indicator of HODL2100K, the IchiEMA, has printed a buy candle on the weekly chart of the cryptocurrency. This signal was seen two weeks before the altcoin began its infamous surge at the end of 2017, during which the asset gained over 1,000% in under a month’s time, rallying from $0.20 to a price above $3.00.
Also, eerily accurate trader Financial Survivalism suggested that the asset could hit $0.70 this year. He backed this forecast by looking to the following factors: the Heiken Ashi candles have turned green on a weekly basis, implying reversal, the cryptocurrency has turned a key horizontal into support, and it has broken above a falling wedge pattern, adding to the bull case.
Related Reading: This Chinese Whale Lost $45 Million in Bitcoin and BCH Overnight: How it Happened
Veteran Trader Warns of Steep Retracement
While there are these technical factors, some are not sure XRP is ready to see the strong breakout that CJ and his contemporaries suggested may take place.
Veteran commodities analyst Peter Brandt warned his followers that XRP is in the form of printing a textbook a head and shoulders top, marked by two shoulder-like segments of price action and a blow-off top in the middle.
It will be interesting to see if this H&S top plays out. If so, the target would be .2071.
This Tweet poses a possibility. This is not a prediction. pic.twitter.com/IJiMR2AEnV
— Peter Brandt (@PeterLBrandt) February 20, 2020
Brandt remarked that should this textbook pattern play out, the cryptocurrency could fall to $0.2071 — around 23% lower than the current market price around $0.27 — for that is where the measured move of this pattern lies.
Featured Image from Shutterstock origin »
A US federal judge has denied Ripple and the SEC’s joint request to end the XRP case. Ripple must now appeal or accept the court’s partial ruling. Legal uncertainty around XRP continues to affect market sentiment.
Ripple (XRP) continues to hover in a tight range, with price action stuck well below the key $2.50 mark, a level not seen since its all-time high. Despite positive legal momentum and gradual adoption, XRP remains in what analysts are calling technical limbo, with no strong signal of breakout or breakdown in sight. But while […]
Ripple (XRP) price looks like it’s getting ready to make a strong move, and the chart shows some key clues. XRP has been stuck in a range for months, but that may be about to change. Based on the technical setup posted by analyst @MoonBittz, both bulls and bears are on edge, waiting to see […]
The post Ripple (XRP) Price Looks Ready to Break Out — Here’s What the Chart Reveals appeared first on CaptainAltcoin.
After years of courtroom drama, the Ripple vs. SEC case is finally winding down – and with it, a new era may be starting for XRP. For a long time, the lawsuit held Ripple back from expanding in the U.
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Ripple’s native token XRP is holding close to the crucial $2 psychological level, and all eyes are on whether bulls can maintain momentum as broader market sentiment strengthens. With XRP sitting among the top cryptocurrencies and often considered one of the best cryptos to invest in, investors are now weighing its upside against newer opportunities. […]
Ripple is making strides in the lawsuit brought by the U. S. Securities and Exchange Commission, the RLUSD stablecoin has noted adoption and the firm’s partnerships are driving utility for XRP through the XRPLedger in 2025.
Ripple CEO Brad Garlinghouse has shared a bold vision for XRP, stating that it is on track to “rewire the entire banking system” – not just improve it. Speaking at the XRP Las Vegas conference, Garlinghouse urged the XRP community to focus on this broader mission rather than waste energy on rivalries with Bitcoin or […]
The post Ripple CEO Says XRP Will Rewire the Entire Banking System – Here’s What That Means appeared first on CaptainAltcoin.
XRP’s tokenomics are working against it.
Holder's confidence is hanging by a thread.
After a rough week, Ripple [XRP] slipped back below where it started May, finishing the month down 1%.
XRP price has crashed by 36% from its highest point this year, despite several positive developments, including ETF applications, the Hidden Road acquisition, and the conclusion of the SEC vs. Ripple case.
Ripple (XRP) price has been dipping since mid May, dropping from $2. 6 to around $2. 1 at the time of writing. However, it seems the dip might not be stopping soon. According to a video from C-Zar Gets Crypto on YouTube, there’s more downside coming for XRP.
Ripple’s XRP was once a favorite among investors chasing the future of cross-border payments. It offered speed, scalability, and the backing of a well-connected fintech company. But in 2025, excitement around XRP has cooled.
Ripple CEO Brad Garlinghouse has spotlighted a pivotal moment for the crypto industry as institutional interest in XRP intensifies. From the launch of XRP futures ETFs to the evolving regulatory backdrop, Ripple is accelerating its push into the mainstream financial ecosystem.
Ripple (XRP) price has seen a 10% pullback from its recent local high three days ago. While this retracement might seem discouraging to some traders, analyst @CryptoVirtuos on X believes this is actually one of the best moments to accumulate XRP before the next major push.
The cryptocurrency world never stands still, and Ripple (XRP) demonstrates how a well-established project can reignite excitement. Ripple’s current price sits at $2. 47, reflecting a solid 20% gain this month alone.
Ripple flashing a buy signal is notable, but in the current macro and sector environment, it’s not enough.
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Ripple’s XRP is once again catching the eye of investors as momentum builds around its recent breakout. After years of consolidation and legal uncertainty, XRP is showing strong signs of life, and some analysts believe the price could go much higher.
Ripple’s XRP is finally shaking off years of legal limbo, with analysts predicting a bullish surge toward the $5 mark as institutional adoption gains traction and cross-border payment demand spikes. But while XRP preps for a long-awaited breakout, a new player, Mutuum Finance (MUTM), is gearing up to rewrite the altcoin playbook entirely. Already in […]
It’s been a long and frustrating ride for XRP holders. For more than three years, the lawsuit between Ripple and the SEC weighed heavily on XRP’s performance, while other altcoins had room to run.
XRP whale activity hinted at rising liquidity, but volatility risks for Ripple remained elevated.
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Ripple just unlocked 1 billion XRP from escrow in a matter of minutes. The total value is over $2. 2 billion. Whale Alert tracked the transactions, which included 500 million XRP coming directly from Ripple and another 500 million released from two unknown wallets.
After a long, frustrating struggle, Ripple (XRP) might finally be showing signs of life—but is now really the time to invest $2,000 into XRP? Let’s break down the current Ripple price action and what the latest chart is telling us.
Despite the major development, XRP recorded a 9. 50% price decline.
XRP could drop by 20% to the next support level at $1. 50 if it fails to climb above the $1. 95 mark.
Ripple [XRP], the giantThe post Ripple's $1.
XRP saw a sharp inflow of 275,000 tokens amid Bitcoin's sideways action, signaling cautious investor sentiment.
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The XRP coin has been on quite a journey lately. After dealing with legal troubles for years, things are finally looking up for Ripple’s cryptocurrency. There are three big reasons why XRP price might climb past $10 soon, which would be a huge jump from where it stands today.
As Ripple’s XRP regains momentum, analysts are eyeing a potential surge to $5, driven by institutional adoption, regulatory clarity, and increasing demand for cross-border payments. With XRP currently trading at $2.
Ripple’s ongoing legal battle with the U.S. Securities and Exchange Commission (SEC) continues to hang over its head, but new developments in Ripple’s business and predictions for XRP's future price are generating substantial attention.
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Peter Brandt made a bearish XRP call, warning of a likely dip to $1.
XRP was relatively overvalued, but bullish market structure was still intact as of this writing.
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Despite the SEC officially dropping its case against Ripple, XRP’s price remains flat, trading around $2. 40. The token has yet to break above the $2. 45 resistance level, showing limited reaction to what many considered a landmark development.
Ripple's legal fight with the SEC is officially over, with the company gaining the ability to sell XRP to institutional investors. However, despite this victory, XRP's price has remained relatively unchanged.
XRP’s price saw a 13% surge after the SEC dropped its case against Ripple Labs, potentially triggering optimism for future ETF approvals and a rise in market activity. Ripple Labs’ XRP (XRP) has recently overtaken Solana (SOL) in spot trading,…
Despite Ripple’s victory against the SEC, many XRP holders are questioning why the price hasn’t skyrocketed as expected. The cryptocurrency community is experiencing what EGRAG CRYPTO calls “panic mode,” with investors flooding his DMs with anxious questions about why XRP didn’t “moon” after such positive news.
Ripple CEO Brad Garlinghouse has expressed strong confidence in XRP’s potential inclusion in the United States' digital asset stockpile, as well as the anticipated launch of an XRP exchange-traded fund (ETF).
XRP has decoupled from the altcoin pack, surging another +14% and breaching the $2. 50 resistance.
XRP Ledger matched with substantial growth in active addresses, which demonstrates rising accepThe post Ripple surges to $2.
On Wednesday, Ripple CEO Brad Garlinghouse announced that the SEC is dropping its appeal against the company, ending a four-year legal battle over XRP classification. This victory solidifies XRP’s status and establishes an important precedent for cryptocurrency regulation in the United States.
Ripple CEO Brad Garlinghouse expects XRP exchange-traded funds to launch in the U.S. by the second half of 2025. In an Mar. 19 interview with Bloomberg Crypto, he expressed strong confidence in the approvals, citing Ripple’s (XRP) legal win against…
After four years of legal uncertainty, the U.S. Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Ripple, leading to a surge in XRP’s price.
AEON, a cutting-edge crypto payment framework, has teamed up with Ripple to integrate XRP and Ripple USD (RLUSD), a USD-backed stablecoin, into its payments ecosystem. Ripple and AEON aim to leverage their partnership to redefine how digital assets are used for everyday transactions.
Wormhole (W) price rose 12% amid news of a Ripple partnership. Ripple has integrated Wormhole’s cross-chain protocol with XRPL mainnet and EVM Sidechain to connect to 35+ blockchains. Wormhole’s integration strengthens XRPL’s open, flexible infrastructure.
A US federal judge has denied Ripple and the SEC’s joint request to end the XRP case. Ripple must now appeal or accept the court’s partial ruling. Legal uncertainty around XRP continues to affect market sentiment.
XRP spiked nearly 6% in a powerful late-session surge, establishing fresh technical support above the $2. 20 mark for the first time in months. The move was driven by a 108. 12 million XRP volume burst—nearly four times the hourly average—and was accompanied by whale transfers exceeding $497 million.
Whale-to-exchange transfers drop to zero. CMF and MACD show bullish momentum. Price could retest $3. 40 or fall to $1. 54 if demand fades. XRP has spent most of the second quarter stuck below the $3.
