XRP Consolidation About To Reach A Bottom, Wave 5 Says $5.85 Is Coming
4 Articles
4 Articles
XRP Price Analysis: Consolidation Signals Breakout.
XRP trades at $2.08 with a 0.29% gain, as volume drops 30.32% to $1.59B. Technicals show strong consolidation, with sentiment hinting at bullish momentum. HashKey launches Asia’s first XRP tracker fund, backed by Ripple for institutional access. Falling exchange reserves suggest long-term holder confidence. XRP is trading at $2.08, up marginally by 0.29% over the last 24 hours. Even with the significant dip of 30.32% to $1.59 billion in trading …
XRP Nearing End of Wave 2: Here's What Analyst Says About April Breakout
Crypto analyst and trader CasiTrades has reaffirmed their bullish outlook for XRP, maintaining that the projected breakout in April is still a plausible scenario. In a recent market update, supported by a detailed 4-hour chart analysis, CasiTrades presented an Elliott Wave interpretation suggesting that XRP is nearing the conclusion of a Wave 2 corrective phase. According to the analyst, the conditions remain intact for a significant Wave 3 impu…
XRP Consolidation About To Reach A Bottom, Wave 5 Says $5.85 Is Coming
XRP is still in consolidation mode after hitting a new seven-year high in January 2025. This consolidation has seen the price drop slowly, but steadily, losing around 40% of its value since then. Currently, bulls seem to have created support for the altcoin at $2, as this level continues to hold even through crashes. Thus, it has created the expectation that the bottom could be close for the XRP price, and this could serve as a bounce-off point.…
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