Altcoins News
By Maheen Hernandez
1 / 15
Understanding the Bullish Engulfing Candle Pattern. The pattern catching the eye of many investors is the bullish engulfing candle, visible on the…
2 / 15
What Could the 13th Yearly Candle Mean for XRP?. EGRAG believes the 13th yearly candle, representing 2025, could trigger an impressive rally.
3 / 15
Key Resistance Levels: $13 and $22. Alongside the candle patterns, EGRAG’s analysis includes three important trend lines that have…
4 / 15
Market Noise and Critical Price Points. EGRAG also commented on the recent price fluctuations between $1.85 and $3.
5 / 15
What This Means for Investors. The signs point to a potentially exciting year for XRP holders and crypto investors in general.
6 / 15
Conclusion. XRP is showing technical signals that suggest a major rally could be on the horizon.
7 / 15
XRP, the popular digital currency, has been drawing attention from crypto analysts as it continues to consolidate around the $2 mark.
8 / 15
A prominent analyst known as EGRAG Crypto highlighted a key bullish pattern on the XRP yearly chart.
9 / 15
EGRAG pointed out that this pattern has consistently appeared on XRP’s yearly charts since 2017.
10 / 15
This trend has repeated multiple times over the years, including in 2024, making the current signals for 2025 very promising.
11 / 15
EGRAG believes the 13th yearly candle, representing 2025, could trigger an impressive rally. So far in 2025, XRP has gained over 6%, indicating momentum may be building.
12 / 15
Looking back, the 9th yearly candle in 2021 resulted in a huge 800% price increase for XRP. If this pattern repeats, XRP could reach as high as $17.
13 / 15
Alongside the candle patterns, EGRAG’s analysis includes three important trend lines that have historically influenced XRP’s price movements.
14 / 15
One of these lines has served as a strong support, while two others act as resistance. Specifically, these resistance levels are around $13 and $22.
15 / 15
This means that while the initial target might be near $13, there is potential for an even bigger breakout toward $22 if bullish momentum continues.
The Currency Analytics
Want the full story?