Monday, June 23, 2025
No Result
View All Result
DOLLAR BITCOIN
Shop
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
DOLLAR BITCOIN
No Result
View All Result
Home Market & Analysis

Bullish Candle Formation Suggests The XRP Price Could Touch $22

n70products by n70products
May 30, 2025
in Market & Analysis
0
Bullish Candle Formation Suggests The XRP Price Could Touch $22
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Motive to belief

logo

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Created by trade consultants and meticulously reviewed

The best requirements in reporting and publishing

Strict editorial coverage that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Este artículo también está disponible en español.

Crypto analyst Egrag Crypto has highlighted a bullish candle formation, which might ship the XRP worth to as excessive as $22. This comes simply as the analyst predicted that the altcoin might hit a $1.5 trillion market.

XRP Value Eyes Rally To $22 As Bullish Candle Types 

In an X post, Egrag Crypto predicted that candle 13 on the yearly chart could possibly be the breakout candle that sends the XRP worth to $13 or $22. He additionally raised the opportunity of the altcoin surging above these worth ranges, with a wick extending even increased. Based mostly on his evaluation of Candle 9, the 2021 yearly candle, the analyst famous that Candle 13 factors to a goal of round $17. 

Associated Studying

Egrag Crypto remarked that this aligns completely between $13 and $22 for the XRP worth. He additionally commented on Candle 12, noting that it was the strongest Bullish Engulfing pattern. This engulfing course of began from Candle 5 and continued by means of Candle 11. The analyst added that the physique of those candles closed above all earlier candles, which is a “traditional bullish signal.” It’s much more bullish when it happens on a yearly or 12-month chart, as on this case. 

XRP
Supply: Egrag Crypto on X

Commenting on the present XRP worth motion, Egrag Crypto acknowledged that the noise continues to be loud on the excessive timeframes. He famous that the physique of Candle 13 is above $1.85, and the wick extends as much as round $3.40. The analyst claimed {that a} shut beneath $1.85 might mark the top of the bull run, whereas a detailed above $3.40 confirms that XRP is heading to double digits. 

Apparently, the crypto analyst declared that December 31 this yr will likely be a date to recollect in XRP historical past. He remarked that market members will see the place the XRP worth stands and how much candle formations are shaping up for the legendary yr. 

XRP At A Crucial Degree

In an X post, Crypto analyst CasiTrades famous that the XRP worth has returned to the $2.25 vary, which is among the most essential ranges on the chart. She acknowledged that this zone has acted as each resistance and assist since the $0.50 breakout, and now a correct backtest is underway. 

Associated Studying

The analyst revealed that the smaller timeframes present that this degree might maintain. Nevertheless, she warned that higher-timeframe affirmation is vital and that the XRP worth wants every day closes above $2.25 to verify a bullish pivot. CasiTrades added that whether or not or not that is the ultimate pivot, this degree stays a high-probability zone for patrons. She famous that the subsequent main assist is at $1.90 if this $2.25 support fails. 

On the time of writing, the XRP worth is buying and selling at round $2.21, down nearly 3% within the final 24 hours, in accordance with data from CoinMarketCap.

XRP
XRP buying and selling at $2.17 on the 1D chart | Supply: XRPUSDT on Tradingview.com

Featured picture from Getty Photographs, chart from Tradingview.com



Source link

Tags: BullishCandleFormationPriceSuggeststouchXRP
Previous Post

Ethereum Poised For Major Liftoff: ETH Entrance Into This Key Zone To Trigger $18,000 Rally

Next Post

FBI Seeks Victims Connected to FUNNULL Pig Butchering Crypto Investment Scam

Next Post
‘Operation Level-Up’: FBI Says Agency Initiative Has Helped 4,300 Victims Save $285,000,000 From Crypto Schemes

FBI Seeks Victims Connected to FUNNULL Pig Butchering Crypto Investment Scam

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

Not every AI agent needs its own cryptocurrency: CZ

Not every AI agent needs its own cryptocurrency: CZ

March 17, 2025
Ethereum Muir Glacier Upgrade Announcement

Ethereum Muir Glacier Upgrade Announcement

November 6, 2024
Ethereum whales buy $19 million of ETH, Bullish signal for ETH?

Ethereum whales buy $19 million of ETH, Bullish signal for ETH?

September 2, 2024
Dogecoin Enters New Trend Set To Drive Price To $0.3: Analyst

Dogecoin Enters New Trend Set To Drive Price To $0.3: Analyst

March 29, 2024
Announcing the Devcon SEA Supporter Program & Impact Teams

Announcing the Devcon SEA Supporter Program & Impact Teams

August 11, 2024
Caroline Ellison gets 2-year prison sentence for FTX fraud

Caroline Ellison gets 2-year prison sentence for FTX fraud

September 24, 2024

Recent Posts

  • Solana (SOL) and Aptos (APT) Named As Top Candidates for Wyoming’s Proposed Stable Token Program
  • XRP, SOL, ETH, HYPE Oversold Bounce Possible If BTC Recovers
  • Bitcoin alert! – Should BTC traders brace for $82K in a market reset?

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

Fed Governor Calls for Regulatory Framework Allowing Banks and Institutions To Issue Stablecoins

Solana (SOL) and Aptos (APT) Named As Top Candidates for Wyoming’s Proposed Stable Token Program

June 23, 2025
XRP, SOL, ETH, HYPE Oversold Bounce Possible If BTC Recovers

XRP, SOL, ETH, HYPE Oversold Bounce Possible If BTC Recovers

June 23, 2025

© 2023 Dollar-Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Blockchain
  • Bitcoin
  • Cryptocurrency
  • Altcoin
  • Ethereum
  • Market & Analysis
  • DeFi
  • More
    • Dogecoin
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2023 Dollar-Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version