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

Další články publikované 26. 6. 2024

German Government Transfers $54.75M in Bitcoin to Kraken and Coinbase

Jason Derulo crypto pumps 6,000%, but is JASON a scam?

MoonBag’s Meteoric Rise with The Top Meme Coin Presale in 2024 Amid AVAX’s Freefall and ATOM’s Bl...

Bullish Breakouts can be Expected for LDO, DOT, BONK, and LINK

Cardano’s Regulatory Battles and Avalanche’s Technical Setbacks Pave the Way for MoonBag Presale ...

Shiba Inu Investors Place Their Bets With Gambling Cryptocurrency Mpeppe (MPEPE) For Major Profits

Join our free newsletter for daily crypto updates!