Crypto Potato
2025-09-26 09:05:52

Ripple (XRP) at a Crossroads: Big Moonshot or Massive Drop?

TL;DR XRP sits at resistance near $2.70, with traders eyeing either $3.20 breakout or $2.20 support. Analysts track triangle compression and wave corrections, showing pressure building for XRP’s next major move. Liquidity pools below $3 raise the risk of a shakeout, even as ETF approval boosts attention. XRP Price Under Pressure Ripple’s XRP is trading at around $2.76 with a daily trading volume of $8.66 billion. The token has fallen 3% in the last 24 hours and 9% over the past week. Traders are closely watching the current setup as XRP hovers near levels that could decide its next direction. Crypto analyst EGRAG CRYPTO framed the situation as two outcomes. “ Are we going to pump down to $3.20 or a crash up to $2.20? ” they asked . Their chart shows XRP consolidating inside a triangle, where resistance and support are compressing before a breakout. The asset is testing resistance in the $2.65 – $2.70 range. A close above this band could clear the path toward the $3.20 level. If buyers fail to push higher, the price could face renewed pressure from sellers around this zone. Source: EGRAG CRYPTO/X On the downside, support remains at the ascending trendline that has held since earlier this year. A breakdown could send XRP toward $2.20, a level where demand previously appeared. The broader chart shows ongoing consolidation, with momentum building toward a decisive move. Analyst Views on Market Structure Analyst CoinsKid described the move as part of a wave cycle. “I think XRP is in a complex wave 4 correction after an explosive 5-wave move up from the June low,” they said. They noted that wave 2 was a zig-zag, while wave 4 is showing a more complex shape. The analyst pointed to a descending triangle pattern forming on the chart, with three lower highs compressing the price into support. While many triangles break down, he advised patience until expansion is confirmed. CoinsKid also stressed that “ monumental support for XRP sits at the $1.90 June 22nd, 2025, low. If this support is lost, it changes the game completely .” Liquidity and Market Conditions Liquidity data adds another layer to the current picture. Steph is Crypto said, BREAKING: #XRP LIQUIDITY IS STACKING UP BELOW $3. WHALES ARE HUNTING LONGS… pic.twitter.com/6gCYOVKDhj — STEPH IS CRYPTO (@Steph_iscrypto) September 26, 2025 A Coinglass heatmap shows leveraged long positions stacked just below $3, creating a liquidity pool that could pull the price lower. Larger players may drive the market down to trigger liquidations before building positions again. At the same time, broader sentiment has been mixed. The SEC approval of the first U.S. XRP ETF provided a boost, but Federal Reserve Chair Jerome Powell’s recent warnings on valuations and higher Treasury yields have weighed on risk markets, including crypto. Traders now look to see whether XRP breaks above $2.70 or slips toward the lower end of its range. The post Ripple (XRP) at a Crossroads: Big Moonshot or Massive Drop? appeared first on CryptoPotato .

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约