Altcoins News
By Pankaj K
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Weekly Chart Shows Divergence but Long-Term Uptrend Intact. On the weekly timeframe, crypto analyst Josh of Crypto World notes that XRP still shows a bearish…
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Daily Chart Highlights Crucial $2.97–$3.10 Zone. The daily chart emphasizes the importance of the $2.97–$3.
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Key Support and Resistance Levels. Traders are keeping a close eye on immediate and critical support levels: immediate support lies…
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Elliott Wave Outlook Suggests Bulls Are Still in Control. Analysts following Elliott Wave theory believe XRP may currently be in the fifth wave of an upward…
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Potential Upside Targets. If the bullish scenario plays out, XRP could extend toward $5 in the coming months, continuing the…
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Risks and Bearish Scenarios. Despite the bullish setup, XRP is not without risks. A failure to hold above the $2.
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Conclusion: XRP’s Path Forward. XRP’s current price action reflects a market balancing between short-term corrections and a…
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XRP has been trading in a narrow range following its strong rally earlier this year. While the larger trend remains bullish, recent price action shows the token testing critical…
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On the weekly timeframe, crypto analyst Josh of Crypto World notes that XRP still shows a bearish divergence that has yet to be invalidated.
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The daily chart emphasizes the importance of the $2.97–$3.10 zone, which has acted as both resistance and support in recent weeks. If XRP closes below $2.
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Traders are keeping a close eye on immediate and critical support levels: immediate support lies at $2.97, followed by $2.90, while the critical support zone is $2.79.
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Despite the bullish setup, XRP is not without risks. A failure to hold above the $2.79 support zone could favor a bearish scenario, potentially triggering a deeper pullback.
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