시가 총액
24시간 볼륨
10071
암호화폐
58.26%
Bitcoin 공유

Analyst Says Next XRP Move will be Fantastic After Spotting this Bullish Setup

Analyst Says Next XRP Move will be Fantastic After Spotting this Bullish Setup


TimesTabloid
2025-06-01 07:32:51

Crypto analyst Steph Is Crypto (@ has drawn attention to a possible repeat of XRP’s previous breakout pattern, pointing to technical similarities between current price action and the consolidation that preceded its sharp rally in late 2024. In a chart shared on X, he identifies two symmetrical triangle formations and describes XRP’s next moves as “fantastic.” The first occurred before XRP’s major move last November, and another is currently unfolding, suggesting a repeat of XRP’s performance in November. The next move for #XRP will be fantastic! pic.twitter.com/V8mKAUWsub — STEPH IS CRYPTO (@Steph_iscrypto) May 31, 2025 The First Symmetrical Triangle The previous triangle formed between July and October 2024. XRP spent much of this time consolidating between $0.5 and $0.6 without any sustained breakouts. However, the tables turned when Donald Trump won the presidential election in November. Gary Gensler, the former Chair of the U.S. Securities and Exchange Commission (SEC), announced his resignation shortly after, ending the war against cryptocurrencies. The excitement from these developments ignited a market-wide resurgence. Bitcoin rose above $100,000 for the first time, and XRP broke through notable resistance levels despite the legal battle between Ripple and the SEC. Surged over 500% to $3.39. XRP’s Current Symmetrical Triangle Steph’s current analysis suggests that the structure of the ongoing consolidation bears a close resemblance to that earlier setup. The implication is that another breakout of comparable magnitude could occur if XRP decisively breaks the current resistance line. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 The new symmetrical triangle pattern , shown on a 3-day Heikin Ashi chart, indicates consolidation between support at around $1.90 and resistance just below $2.70. The similarity between the two patterns could signal an imminent move. XRP is currently trading at $2.18, and if it experiences another 500% surge like it did in November, it could climb to a new all-time high of $13.08. Experts have set targets around $15 for the current market cycle, and Steph’s analysis reaffirms these double-digit targets. Whale Activity Reinforces Bullish Expectations Adding to the bullish excitement, a whale recently opened a $1.08 million long position using 12x leverage at an entry price of $2.1336. This shows confidence in the digital asset’s future and suggests whales may be preparing for something big. This combination of positive factors, including the symmetrical triangles, historical similarity, and significant whale positioning, has led many in the community to anticipate a powerful breakout. If XRP can replicate its previous pattern, the coming weeks could deliver explosive price action that mirrors or even exceeds the rally seen in late 2024. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says Next XRP Move will be Fantastic After Spotting this Bullish Setup appeared first on Times Tabloid .


면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.