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Captain

<p>The post <a href="https://coinpedia.org/news/xrp-last-buying-opportunity-before-the-bullrun-2024-25-says-top-crypto-analyst/" rel="noopener noreferrer nofollow">XRP Last Buying Opportunity before the Bullrun 2024-25 Says Top Crypto Analyst&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Cryptocurrency markets are bouncing back, with <a href="https://coinpedia.org/news/bitcoin-price-correction-completed-top-crypto-analyst-predicts-btc-rally-to-100k/" rel="noopener noreferrer nofollow">Bitcoin topping $65,000</a> and the overall crypto market reaching $2.5 trillion. Ripple’s XRP token has also seen a small 4.9% uptick. Meanwhile, respected crypto analyst Captain Faibik has highlighted a possible buying chance for XRP. Faibik believes that this could be the last opportunity to buy before XRP gears up for the expected bull run in 2024-25!</p>
<h2 class="wp-block-heading" id="h-last-buying-chance-for-xrp">Last Buying Chance For XRP</h2>
<p>In a recent tweet post, Captain Faibik suggests that XRP is presenting a last buying opportunity before what could be a bullish run in 2024-25.&nbsp;</p>
<p>According to the Captain Faibik chart analysis, XRP has been trading within a narrowing range, indicating a period of consolidation. This consolidation phase, commonly observed in markets, often comes before significant price swings.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$XRP</a> Last Buying Opportunity before the Bullrun 2024-25 !!<a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRP</a> <a href="https://twitter.com/hashtag/XRPUSDT?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRPUSDT</a> <a href="https://twitter.com/hashtag/XRPArmy?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#XRPArmy</a> <a href="https://t.co/Si1siDe85s" rel="noopener noreferrer nofollow">pic.twitter.com/Si1siDe85s</a></p>— Captain Faibik (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1781904129746497775?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 21, 2024</a>
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<p>However, a breakout from the consolidation pattern suggests a potential surge in XRP price, projected to reach around $2.20, as indicated by a green rectangle on the chart. With XRP <a href="https://markets.coinpedia.org/xrp/" rel="noopener noreferrer nofollow">currently trading at $0.54</a>, analysts believe this presents a last opportunity to buy XRP at this price before the anticipated bullish trend takes place.</p>
<h2 class="wp-block-heading" id="h-xrp-technical-analysis">XRP Technical Analysis</h2>
<p>Despite a slight recovery from the March 11 drop to $0.7440, XRP has struggled to surpass the $0.55 resistance level throughout the week, resulting in a 20% decline over the past seven days.</p>
<p>Since these challenges, certain technical indicators <a href="https://coinpedia.org/price-analysis/xrp-price-on-the-horizon-analysts-predict-surge-to-1-20-amid-market-volatility/" rel="noopener noreferrer nofollow">suggest a bullish outlook</a>. The Accumulation/distribution (A/D) line, for instance, is trending upward, indicating buying interest even at current low XRP prices. This suggests that traders may be inclined to “buy the dip,” which could potentially ignite a recovery in the XRP price.</p>
<h2 class="wp-block-heading" id="h-xrp-to-face-resistance">XRP To Face Resistance</h2>
<p>Meanwhile, if the <a href="https://coinpedia.org/news/xrp-poised-for-massive-surge-hints-3-key-indicators-signal-potential-rally/" rel="noopener noreferrer nofollow">XRP price successfully closes</a> above the $0.57 level, it could challenge the bearish narrative. However, the XRP may aim for the April 11 local top of $0.6431 in such a scenario. However, before reaching that milestone, XRP must face resistance at $0.5910, which represents the 50% Fibonacci retracement level of the drop from the April 11 peak to the April 13 low of $0.4188.&nbsp;</p>
<p>Additionally, the psychologically significant $0.60 level, which served as support for XRP throughout March, poses another hurdle for the altcoin’s upward trajectory.</p>

XRP Last Buying Opportunity before the Bullrun 2024-25 Says Top Crypto Analyst

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