Rally

Dark

BULL

<p>XRP is in a critical phase, with analysts predicting a potential major reversal. This development comes as XRP reaches critical support levels and forms crucial patterns. Observations from analysts highlight the possible trajectory for XRP, providing valuable insights for investors and traders.</p>
<h3 class="wp-block-heading" id="strong-xrp-price-analysis-strong"><strong>XRP Price Analysis</strong></h3>
<p>Dark Defender, a respected analyst, recently noted that <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> has hit the latest Fibonacci support level of $0.3917, aligning with the 5 Elliott Waves pattern.&nbsp;</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">Hi all, Let's refocus on the weekly time frame. XRP hit the latest Fibonacci support of $0.3917 of the 5 Elliott Waves, targeting $1.88, $5.85, and $18.22.<br><br>As we approach the lowest point I anticipated, any movement below $0.3917 could alter the structure we've been observing.… <a href="https://t.co/wN8bg6OMfP" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/wN8bg6OMfP</a></p>— Dark Defender (@DefendDark) <a href="https://twitter.com/DefendDark/status/1809531058003595712?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 6, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>According to Dark Defender, this level is crucial as it targets future prices of $1.88, $5.85, and $18.22. The analyst emphasized that any movement below $0.3917 could alter the current structure, signaling caution for traders.</p>
<p>Furthermore, Dark Defender pointed out that the weekly Relative Strength Index (RSI) figures have reached their lowest points. This indicates an oversold condition, supporting a potential price reversal.&nbsp;</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>
<h3 class="wp-block-heading" id="strong-xrp-price-prediction-strong"><strong>XRP Price Prediction</strong></h3>
<p>Adding to the analysis, BLOCK BULL highlighted the formation of a doji candle on the weekly chart of XRP. This pattern signifies indecision against Bitcoin, which could lead to a decisive move in the coming weeks.&nbsp;</p>
<p>Historically, the appearance of a doji candle has been followed by substantial rallies for XRP. The last time this occurred, XRP experienced a full measured move within eight weeks, resulting in a 6000% increase.</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> Also forming a doji candle on the weekly signalling indecision against Bitcoin. <br><br>Historically <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> rallied the full measured move within 8 weeks last time this occured!!! <br><br>Measured move is 6000%!!!!! <a href="https://t.co/WDLn1vQ9kX" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/WDLn1vQ9kX</a></p>— <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;">BLOCK BULL <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TheBlockBull) <a href="https://twitter.com/TheBlockBull/status/1809520714166206591?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 6, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>BLOCK BULL’s analysis notes the importance of historical patterns in predicting future price movements. The doji candle’s formation and its historical context provide a compelling case for a potential rally, encouraging investors to consider the implications of this pattern.</p>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/polkadots-on-chain-metrics-grow-dot-price-pumps/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Polkadot’s On-Chain Metrics Grow, DOT Price Pumps</em></strong></a></p>
<h3 class="wp-block-heading" id="strong-current-market-data-strong"><strong>Current Market Data</strong></h3>
<p>According to data from CoinGecko at press time, XRP <a href="https://www.coingecko.com/en/coins/xrp" target="_blank" rel="noopener noreferrer nofollow">trades at $0.436</a>, with a daily trading volume of $661,937,130. This represents a modest 0.50% increase in the last day but a notable 7.82% decline over the past week.&nbsp;</p>
<p>The recent price data and trading volume indicate the nature of XRP’s market performance.</p>
<p>XRP’s current position at critical support levels and the formation of significant patterns suggest a potential major reversal. Analysts like Dark Defender and BLOCK BULL provide valuable insights into the technical aspects and historical context of XRP’s price movements.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></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/xrp-price-prediction-experts-set-these-next-targets-is-a-6000-ripple-rally-imminent/" rel="noopener noreferrer nofollow">XRP Price Prediction: Experts Set These Next Targets – Is a 6000% Ripple Rally Imminent?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

XRP Price Prediction: Experts Set These Next Targets – Is a 6000% Ripple Rally Imminent?

Tabla de contenidos

CaptainAltcoin

Otros artículos publicados el 7 jul 2024

How Will Critical Data Coming from the USA This Week Affect Bitcoin? Famous Analyst Announced His...

5 Successful Approaches to Making Money in the Crypto World

Get Started with Bulk NFT Transfers

Harga SHIB Rebound 15 Persen: Apakah Ini Awal Kenaikan Baru?

Andrew Kang Advises on Strategic Crypto Investment Timing

Visa and Tangem Partner Up to Provide New Services

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!