Cryptocurrency

Satoshi

Epic

Shiba Inu

<p>Cryptocurrency analyst EGRAG Crypto has issued a stark warning regarding XRP’s market dominance. According to their recent <a href="https://x.com/egragcrypto/status/1805672338887000087" target="_blank" rel="noopener noreferrer nofollow">analysis</a>, XRP dominance is currently retesting the edge of an ascending channel and the Fibonacci 0 level.</p>
<p>EGRAG Crypto predicts that a rejection from these crucial levels could lead to an “epic fall” in XRP’s market share relative to other cryptocurrencies.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> Dominance EPIC FALL is Coming! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/XRP?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRP</a> Dominance is retesting the Ascending Channel edge and the Fib 0. The rejection will be epic! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f631.png" alt="😱" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/XRPArmy?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPArmy</a> STAY STEADY, ONLY FEW Will Trust The Process! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4aa.png" alt="💪" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/y5fMbVKO0r" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/y5fMbVKO0r</a></p>— EGRAG CRYPTO (@egragcrypto) <a href="https://twitter.com/egragcrypto/status/1805672338887000087?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 25, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="technical-pattern-suggests-binary-outcome">Technical Pattern Suggests Binary Outcome</h2>
<p>Analyst JT has <a href="https://x.com/JTheretohelp1/status/1805426816678506581" target="_blank" rel="noopener noreferrer nofollow">identified</a> a clear technical pattern for XRP that presents a straightforward trading strategy. The pattern suggests two possible scenarios:</p>
<ol>
 <li><strong>Bearish Scenario</strong>: A break below the support rail would signal a sell opportunity.</li>
 <li><strong>Bullish Scenario</strong>: A break above the resistance rail could indicate a bullish breakout.</li>
</ol>
<p>JT, who discloses owning <a class="wpil_keyword_link" href="https://captainaltcoin.com/ripple-xrp-price-prediction/" title="XRP" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">XRP</a>, emphasizes the importance of respecting chart patterns over personal biases. The analyst states a clear intention to exit their position if XRP breaks down but remains optimistic about celebrating if it breaks upward.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="bullish-pennant-pattern-hints-at-massive-potential-gains">Bullish Pennant Pattern Hints at Massive Potential Gains</h2>
<p>In contrast to the cautionary tones, analyst Armando Pantoja <a href="https://x.com/_TallGuyTycoon/status/1805757066415341581" target="_blank" rel="noopener noreferrer nofollow">presents </a>a highly bullish outlook for XRP. Pantoja has identified a strong bullish pennant pattern on XRP’s monthly chart, drawing parallels to a similar formation that preceded a 7,637% gain in 2017. The analyst notes that both volume and momentum are building, potentially setting the stage for a repeat of such dramatic price action.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="511" src="https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-1024x511.png" alt="" class="wp-image-515133" srcset="https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-1024x511.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-300x150.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-767x383.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-1536x767.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-2048x1022.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-100x50.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-701x350.png 701w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954-788x393.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/06/image-954.png 679w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>As XRP approaches critical technical levels, the cryptocurrency community remains divided on its future prospects. Some analysts foresee potential downside risks. However, others anticipate major growth reminiscent of previous bull markets.</p>
<p><strong><em>Read more: <a href="https://captainaltcoin.com/shiba-inu-shows-signs-of-potential-rebound-this-signal-presents-a-buy-opportunity-for-shib/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu Shows Signs of Potential Rebound: This Signal Presents a Buy Opportunity for SHIB</a></em></strong></p>
<p><em><strong>Join <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="aethir" href="https://captainaltcoin.com/go/aethir/" data-shortcode="true">Aethir’s exclusive airdrop</a> and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!</strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/crypto-analyst-warns-of-a-major-ripple-dominance-fall-says-xrp-rejection-from-this-channel-could-be-epic/" rel="noopener noreferrer nofollow">Crypto Analyst Warns of a Major Ripple Dominance Fall: Says XRP Rejection from This Channel Could Be Epic</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Crypto Analyst Warns of a Major Ripple Dominance Fall: Says XRP Rejection from This Channel Could Be Epic

Table of Contents

CaptainAltcoin

Other articles published on Jun 26, 2024

Top Emerging Cryptos to Buy: BlockDAG Goes Toe to Toe with Maker & Internet Computer Price Predic...

Are Spot Ethereum ETFs Set To Launch In 14 Days Post-S-1 Amendments?

BlockDAG Spearheads Altcoin Revolution: Eyeing $30 Amidst Shiba Inu & Arbitrum Surge

Bitcoin Above $61k, As BTC ETFs Shift Outflow Trend With $31M Inflows

BlockDAG’s Breakout: Soaring Past Apecoin and NEAR with Eyes Set on $30!

Yescoin is the latest swipe-to-earn game, here is all you need to know about it

Join our free newsletter for daily crypto updates!