Can XRP Price Smash $3.50? Chart Patterns Signal Explosive Rally!

2024-12-15 23:30

World of Charts just updated his XRP price forecast in a viral tweet. A crypto analyst with over 40k followers on X is one of our favorite traders to cover.

XRP is down around 3.5% this week, now trading around $2.4. However, let’s see what World of Charts had to say about this topic.

Chart Patterns Unveil Potential XRP Breakout

His analysis of XRP’s price movement reveals an interesting technical setup that could potentially drive the XRP price to new heights. Examining the XRP/USDT 4-hour chart uncovers a compelling narrative of price action and potential momentum.

The current price action shows XRP consolidating in a tight range, with multiple bullish flag patterns emerging. These formations suggest a potential explosive move on the horizon. The XRP chart depicts a clear uptrend characterized by a series of higher highs and higher lows, indicating underlying strength in the asset’s price movement.

Source: X/@WorldOfCharts1 XRP Price Targets

Key resistance and support levels are critical to understanding XRP’s potential trajectory. The immediate resistance sits around $2.60, which represents a crucial breakout point. If XRP manages to breach this level, the measured move suggests a potential rally toward $3.50 – representing a 48.79% increase from the breakout point.

Support zones provide additional context, with strong support identified at $2.30 (the lower boundary of the current flag pattern), and additional support levels at $1.90 and $1.45. These levels represent previous consolidation and breakout areas that could act as potential safety nets for the price.

The current consolidation phase suggests reduced volatility, which often precedes bigger price movements. Traders and investors are advised to watch for increased volume and momentum as XRP approaches the $2.60 resistance level, which could confirm the potential bullish move.

Read also: The XRP Price Won’t Hit $10 In 2025, But Experts Predict These Altcoins Can 10x

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.

The post Can XRP Price Smash $3.50? Chart Patterns Signal Explosive Rally! appeared first on CaptainAltcoin.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Ripple (XRP) на Currencies.ru

$ 1.3763 (-0.48%)
Объем 24H $3.038b
Изменеия 24h: 5.33 %, 7d: 2.10 %
Cегодня L: $1.3171 - H: $1.3856
Капитализация $84.51b Rank 4
Цена в час новости $ 2.3881 (-42.37%)

xrp around price one followers 40k favorite

Источник: captainaltcoin.com

xrp around → Результатов: 126


Bitcoin may be Still for the Next Two Months But ETH, XRP Could go Wild – Analyst

The cryptocurrency market has been moving sideways especially for Bitcoin which has crashed significantly from the 2019 high of over $13,000 to the current $9,000s. While the crypto community is hoping things will turn around soon and Bitcoin will start rising to a new high for the year, the crypto analyst known on Twitter as […] The post Bitcoin may be Still for the Next Two Months But ETH, XRP Could go Wild – Analyst appeared first on ZyCrypto.

2019-7-31 10:46


Bitcoin Back At $10k, Here’s What to Expect For Ethereum, Litecoin, and XRP

Bitcoin recently went under the $10,000 mark but is gradually coming back again at press time and currently stabilizing around the $10,085 price level, the focus is now more on the altcoins. The question is what to expect from the top 10 Alts, Will they get even close to their All-Time High records? Will they […] The post Bitcoin Back At $10k, Here’s What to Expect For Ethereum, Litecoin, and XRP appeared first on ZyCrypto.

2019-7-25 16:47


Ripple’s XRP Might Be Gearing Up To Outperform Other Cryptocurrencies In The Next Few Days

Bitcoin may be surging in price, but the cryptocurrency community has not lost sight of Ripple’s XRP, the third largest crypto asset by market cap. Based on the forecast of some analysts, we better watch our backs because something greater than Bitcoin weekend’s pump might be coming, but this time around, it will be from […] The post Ripple’s XRP Might Be Gearing Up To Outperform Other Cryptocurrencies In The Next Few Days appeared first on ZyCrypto.

2019-6-24 19:21


Raging Bitcoin Price Propels Crypto Market to Spike $25 Billion in 2 Days

By CCN Markets: In the past two days, the valuation of the crypto market has increased from $300 billion to $325 billion, supplemented by the strong upside movement of bitcoin. As the bitcoin price quickly moved from $8,000 to $11,000, major crypto assets in the likes of Ethereum, XRP, Bitcoin Cash, EOS, and Binance Coin recorded fairly large gains against the U.

2019-6-23 13:06


Partnership Triggers Over 170% Surge For MoneyGram But Ripple’s XRP Still In Decline

Ripple has just inked a partnership with Moneygram in its quest to expand its market reach. The company has invested around $50 million in Moneygram. In so doing, Ripple means to shore up the adoption of XRP and take the crypto mainstream, especially considering that Moneygram serves a large user base that would benefit from […] The post Partnership Triggers Over 170% Surge For MoneyGram But Ripple’s XRP Still In Decline appeared first on ZyCrypto.

2019-6-19 17:02


Ripple’s XRP Price Analysis and Prediction 2019: Getting Ready To Attack $0.50 Level (May 28th Update)

Daily XRPBTC XRP almost gave away all the May 13th – May 17th (big move of 1600 sats) gains over bitcoin. Right now, XRP is hanging below EMA20 around 4800 sats after being rejected at a sturdy resistance zone of Fib236 at 5600 sats that needs to be shattered before XRP can attack the Fib50 […] The post Ripple’s XRP Price Analysis and Prediction 2019: Getting Ready To Attack $0.

2019-5-28 01:02


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

It Won’t Be a Surprise If AAVE Price Keeps Dropping, Expert Warns, Citing Internal Issues

The recent slide in Aave has entered a deeper phase after months of steady losses, with AAVE price now sitting far below its December 2024 highs. The token has dropped roughly 75% from that peak, which places it among the weaker performers in a market where capital has stayed concentrated in majors like Bitcoin and […] The post It Won’t Be a Surprise If AAVE Price Keeps Dropping, Expert Warns, Citing Internal Issues appeared first on CaptainAltcoin.

Crypto Price Prediction For Today, April 8: Bittensor (TAO), XRP, Dogecoin (DOGE)

Bittensor, XRP, and Dogecoin enter today’s session from very different technical positions, and that contrast matters more than anything else right now. TAO price has spent the last month in a strong advance, XRP price has stayed trapped inside a broad range, and DOGE price has kept a mild bullish structure without breaking too far […] The post Crypto Price Prediction For Today, April 8: Bittensor (TAO), XRP, Dogecoin (DOGE) appeared first on CaptainAltcoin.