XRP Advances Toward Goals, Following Historical Trends: Dark Defender
XRP Price Analysis: Dark Defender, a market analyst, predicts that XRP could see significant price increases if it surpasses the $3.33 threshold, potentially reaching new all-time highs, with targets set at $15 and $18.22 in the future.
Chart Insights: The analysis is based on a weekly chart using Elliott Wave principles, indicating that XRP is currently in a consolidation phase (Wave 2) before a strong upward movement (Wave 3) is expected, following historical patterns.
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Technical Analysis for XRP
Technical Sentiment Analysis for XRP (XRP) As of , XRP (XRP) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
XRP (XRP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.601 | 0.859 | 1.164 | 1.422 | 1.728 | 1.986 | 2.291 |
| Fibonacci | 0.859 | 1.074 | 1.207 | 1.422 | 1.638 | 1.771 | 1.986 |
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