XRP Price In Motion: Analyst Reveals The Next Major Supports And Resistances

Name	Symbol	Market	Market Cap ($)	Algorithm
Ripple	XRPUSD	Crypto	136,319,336,207	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Ripple

XRPUSD

Crypto

136,319,336,207

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.010	-0.42%	2.39	2.39	2.39

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.010

-0.42%

2.39

High Price	Low Price	Open Price	Prev. Close	52 Week Range
2.45	2.38	2.40	2.40	0.382490 - 2.90

High Price

Low Price

Open Price

Prev. Close

52 Week Range

2.45

2.38

2.40

0.382490 - 2.90

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	07:40:19	948.76	2.39	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

07:40:19

948.76

2.39

USD

Price x Volume	Volume	Base Symbol	Related Pairs
106,769,267.58	44,134,211.82	XRP	XRPEUR	XRPGBP	XRPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

106,769,267.58

44,134,211.82

XRP Price In Motion: Analyst Reveals The Next Major Supports And Resistances

15/12/2024 1:30am

NEWSBTC

With the XRP price set to make its next move, crypto analyst Dark Defender has revealed the next major support and resistance levels for the crypto. The analyst also suggested that XRP’s next move could happen sooner than expected. Next Major Support And Resistance Levels For The XRP Price In an X post, Dark Defender mentioned $2.42, $2.52, $2.71, and $5.85 as the next major support levels for the XRP price. Meanwhile, the crypto analyst highlighted $2.29, $2.24, $2.10, and $2.02 as the next major support levels for XRP. The analyst made these remarks while also alluding to a bull flag structure that had formed on XRP’s daily chart. Related Reading: Bitcoin Price Dominance And Altcoin Season: What The Sudden Volatility Means For The Market Dark Defender asserted that the XRP price would make its next move by tomorrow, noting that the current bull flag had reached its limit. The crypto analyst had recently highlighted a weekly bull flag on the XRP chart, which showed that the crypto could reach double digits in this market cycle. In his most recent X post, Dark Defender also provided an update on his XRP/BTC pair analysis. He stated that what was expected from the XRP price was coming and suggested that it might have already begun. Before now, the analyst predicted that XRP would record “tremendous” gains against its Bitcoin pair. Meanwhile, crypto analyst Ali Martinez recently highlighted a bull flag forming on the XRP price’s 4-hour chart. Based on this pattern, the analyst stated that XRP could experience a brief correction, then break out above $2.46 and rally to $4, which would mark a new all-time high (ATH) for XRP. Two Possible Scenarios For The Third Wave In an X post, crypto analyst CasiTrades outlined two possible scenarios for the third wave of the XRP price’s move to the upside. In the first scenario, XRP could record a typical move, extending to the 2.618 Fibonacci level. This puts the price target at $3.82, the crypto’s current ATH. Related Reading: Bitcoin Daily Bollinger Bands Expand, Why BTC Price Could Rise To $120,000 As Early As Next Week Meanwhile, for the second scenario, CasiTrades stated that if this third wave doesn’t extend, the XRP price could record the extension play in the fifth wave. If the third wave doesn’t extend, the price target will be $3.23 instead of $3.82. She added that this target is near XRP’s current ATH, so the extension play might not occur. CaiTrades cautioned that these are just projections and that the XRP price could adjust with the actual highs. However, she is confident that a big move is coming, as XRP has consolidated with minimal movement over the last day. At the time of writing, the XRP price is trading at around $2.51, up over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com

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XRPUSD Ripple