{"id":662535,"date":"2024-12-15T01:30:53","date_gmt":"2024-12-15T01:30:53","guid":{"rendered":"https:\/\/wncen.com\/?p=662535"},"modified":"2024-12-14T09:44:37","modified_gmt":"2024-12-14T09:44:37","slug":"xrp-price-in-motion-analyst","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-in-motion-analyst\/","title":{"rendered":"XRP Price In Motion: Analyst Reveals The Next Major Supports And Resistances"},"content":{"rendered":"

With the XRP price set to make its next move, crypto analyst <\/span>Dark Defender<\/span><\/a> has revealed the next major support and resistance levels for the crypto. The analyst also suggested that XRP\u2019s next move could happen sooner than expected.\u00a0<\/span><\/p>\n

Next Major Support And Resistance Levels For The XRP Price<\/h2>\n

In an <\/span>X post<\/span><\/a>, Dark Defender mentioned $2.42, $2.52, $2.71, and $5.85 as the next major support levels for the XRP price. Meanwhile, the crypto analyst highlighted $2.29, $2.24, $2.10, and $2.02 as the next major <\/span>support levels<\/span><\/a> for XRP. The analyst made these remarks while also alluding to a bull flag structure that had formed on XRP\u2019s daily chart.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Dominance And Altcoin Season: What The Sudden Volatility Means For The Market<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

Dark Defender asserted that the XRP price would make its next move by tomorrow, noting that the <\/span>current bull flag<\/span><\/a> had reached its limit. The crypto analyst had recently highlighted a weekly bull flag on the XRP chart, which showed that the crypto could reach double digits in this market cycle.\u00a0<\/span><\/p>\n

In his most recent X post, Dark Defender also provided an update on his XRP\/BTC pair analysis. He stated that what was expected from the XRP price was coming and suggested that it might have already begun. Before now, the analyst predicted that XRP would record \u201ctremendous\u201d gains against its Bitcoin pair.\u00a0<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

Meanwhile, crypto analyst <\/span>Ali Martinez<\/span><\/a> recently highlighted a bull flag forming on the XRP price’s 4-hour chart. Based on this pattern, the analyst stated that XRP could experience a brief correction, then break out above $2.46 and rally to $4, which would mark a new all-time high (ATH) for XRP.<\/span><\/p>\n

Two Possible Scenarios For The Third Wave<\/h2>\n

In an X post, crypto analyst <\/span>CasiTrades<\/span><\/a> outlined two possible scenarios for the third wave of the XRP price\u2019s move to the upside. In the first scenario, XRP could record a typical move, extending to the 2.618 Fibonacci level. This puts the price target at $3.82, the crypto\u2019s current ATH.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Daily Bollinger Bands Expand, Why BTC Price Could Rise To $120,000 As Early As Next Week<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

Meanwhile, for the second scenario, CasiTrades stated that if this third wave doesn’t extend, the XRP price could record the extension play in the <\/span>fifth wave<\/span><\/a>. If the third wave doesn\u2019t extend, the price target will be $3.23 instead of $3.82. She added that this target is near XRP\u2019s current ATH, so the extension play might not occur.\u00a0<\/span><\/p>\n

CaiTrades cautioned that these are just projections and that the XRP price could adjust with the actual highs. However, she is confident that a big move is coming, as XRP has consolidated with minimal movement over the last day.\u00a0<\/span><\/p>\n

At the time of writing, the XRP price is trading at around $2.51, up over 6% in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"XRP
Price tumbles down from $2.5 | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

With the XRP price set to make its next move, crypto analyst Dark Defender has revealed the next major support and resistance levels for the crypto. The analyst also suggested that XRP\u2019s next move could happen sooner than expected.\u00a0 Next Major Support And Resistance Levels For The XRP Price In an X post, Dark Defender mentioned $2.42, $2.52, $2.71, and $5.85 as the next major support levels for the XRP price. Meanwhile, the crypto analyst highlighted $2.29, $2.24, $2.10, and $2.02 as the next major support levels for XRP. The analyst made these remarks while also alluding to a bull flag structure that had formed on XRP\u2019s daily chart.\u00a0 Related Reading: Bitcoin Price Dominance And Altcoin Season: What The Sudden Volatility Means For The Market Dark Defender asserted that the XRP price would make its next move by tomorrow, noting that the current bull flag had reached its limit. The crypto analyst had recently highlighted a weekly bull flag on the XRP chart, which showed that the crypto could reach double digits in this market cycle.\u00a0 In his most recent X post, Dark Defender also provided an update on his XRP\/BTC pair analysis. He stated that what was expected from the XRP price was coming and suggested that it might have already begun. Before now, the analyst predicted that XRP would record \u201ctremendous\u201d gains against its Bitcoin pair.\u00a0 Meanwhile, crypto analyst Ali Martinez recently highlighted a bull flag forming on the XRP price’s 4-hour chart. Based on this pattern, the analyst stated that XRP could experience a brief correction, then break out above $2.46 and rally to $4, which would mark a new all-time high (ATH) for XRP. Two Possible Scenarios For The Third Wave In an X post, crypto analyst CasiTrades outlined two possible scenarios for the third wave of the XRP price\u2019s move to the upside. In the first scenario, XRP could record a typical move, extending to the 2.618 Fibonacci level. This puts the price target at $3.82, the crypto\u2019s current ATH.\u00a0 Related Reading: Bitcoin Daily Bollinger Bands Expand, Why BTC Price Could Rise To $120,000 As Early As Next Week Meanwhile, for the second scenario, CasiTrades stated that if this third wave doesn’t extend, the XRP price could record the extension play in the fifth wave. If the third wave doesn\u2019t extend, the price target will be $3.23 instead of $3.82. She added that this target is near XRP\u2019s current ATH, so the extension play might not occur.\u00a0 CaiTrades cautioned that these are just projections and that the XRP price could adjust with the actual highs. However, she is confident that a big move is coming, as XRP has consolidated with minimal movement over the last day.\u00a0 At the time of writing, the XRP price is trading at around $2.51, up over 6% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":649902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83363],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-662535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nXRP 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