XRP Price Weakens—Further Losses on The Table?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.
Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy 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. XRP is making headlines this month as whale activity surges across the network. In a surprising twist, reports indicate that XRP whales have dumped more than $700 million worth of tokens just this April. This sudden shift in whale behavior raises the question of what these big players are really up to. XRP Whales Offload 370 Million Tokens In April On April 15, prominent crypto analyst Ali Martínez reported on X (formerly Twitter) that XRP whales have begun dumping the popular cryptocurrency in large volumes. Following a period of substantial token accumulation, these large-scale investors have sold over 370 million XRP since the beginning of April. Related Reading Notably, this massive whale sell-off amounts to over $700 million, triggering a wave of speculation about the intentions behind this move. More interestingly, the XRP dumps appear to align with recent price fluctuations, as whales tend to heavily influence market dynamics, especially during a downturn. The Santiment chart provided by Martinez reveals a clear trend, from April 3 to 14, 2025, that XRP wallets holding between 100 million to 1 billion tokens have drastically reduced their holdings. As this large-scale whale dumping progressed, the XRP price dropped to new lows around April 8 and then began a steady climb, reaching $2.1 at the time of writing. Source: Ali Martinez on X While the reason behind such large-scale exits is unclear, a few plausible explanations exist. Whales might be capitalizing on earlier price gains to lock in profits while the market conditions for XRP remain relatively stable. These investors could also be responding to heightened market volatility, pushing them to shift their holdings into alternative assets to hedge risks and safeguard against losses. Another possibility is that these big players are selling tokens between wallets or transferring them to exchanges in anticipation of a significant event — perhaps the final legal decision between Ripple and the United States Securities and Exchange Commission (SEC). In less optimistic scenarios, such coordinated whale activity, which tends to influence prices, may be indicative of market manipulation, often aimed at achieving strategic gains. Although it’s uncertain whether the above motives are driving recent whale dumps, one thing is clear: large-scale XRP movements always warrant close attention. With XRP now hovering around $2, the market waits to see just how these sell-offs will influence the future price of the cryptocurrency. Update On Latest XRP Price Action According to crypto analyst Andrew Griffiths, the current XRP price analysis indicates a notably bullish trend. This momentum emerged after the cryptocurrency surpassed two key resistance levels and established a solid support level, signaling a potential upward movement. Related Reading As a result, the analyst predicts that XRP could record a massive gain of over 20% in the coming weeks. With the token currently trading at $2.10, a 20% increase would bring it to approximately $2.589. Based on the upward trajectory within the Ascending Channel seen on the price chart, the analyst predicts that XRP could climb as high as $3.3. XRP trading at $2.09 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com
XRP’s $2.00 Pivot Point—A Launchpad or Breakdown Zone?
XRP price started a fresh decline below the $2.150 zone. The price is now consolidating above $2.00 and facing hurdles near the $2.120 zone. XRP price started a downside correction from the $2.250 resistance zone. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2.130 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend losses if there is a close below the $2.00 support zone. XRP Price Faces Resistance XRP price started a downside correction from the $2.250 zone, like Bitcoin and Ethereum. The price traded below the $2.150 and $2.120 levels to enter a bearish zone. The price even spiked below $2.050 but stayed above $2.00. A low was formed at $2.036 and the price is now consolidating losses. There was a recovery wave above the $2.10 level. The price spiked above the 50% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The price is now trading below $2.10 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.120 level. There is also a key bearish trend line forming with resistance at $2.130 on the hourly chart of the XRP/USD pair. The trend line is near the 61.8% Fib retracement level of the downward move from the $2.184 swing high to the $2.036 low. The first major resistance is near the $2.180 level. The next resistance is $2.20. A clear move above the $2.20 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.320 resistance or even $2.350 in the near term. The next major hurdle for the bulls might be $2.50. More Losses? If XRP fails to clear the $2.120 resistance zone, it could start another decline. Initial support on the downside is near the $2.030 level. The next major support is near the $2.00 level. If there is a downside break and a close below the $2.00 level, the price might continue to decline toward the $1.920 support. The next major support sits near the $1.840 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.030 and $2.00. Major Resistance Levels – $2.120 and $2.180.
XRP Dips To $1.97 – A Golden Opportunity Before The Next Rally?
XRP recent surge appears to be entering a cooling phase as the price edges lower to the $1.97 level, an area acting as a pivotal support. After a strong upward move fueled by improved market sentiment, the current pullback signals a potential pause rather than a full reversal. The $1.97 zone now stands as a critical support level, previously acting as resistance during XRP’s recent climb. If buyers step in with strength and volume begins to rise, this dip could prove to be a strategic entry point for those eyeing the next breakout. Key Support Holds At $1.97 – Is XRP Building A Base? XRP’s pullback to the $1.97 level has brought attention to the critical support zone that may serve as a foundation for the next leg up. Despite broader market fluctuations, price action has shown resilience around this area, with buyers stepping in to defend the level. Historically, $1.97 has acted as a pivotal point during previous rallies and corrections, increasing its significance as a potential accumulation zone. The Moving Average Convergence Divergence (MACD) indicator is beginning to flash early signs of a potential bullish reversal for XRP. After the recent dip to $1.97, the MACD line is showing signs of converging toward the signal line, hinting that bearish momentum may be losing steam. This subtle shift often precedes a reversal and suggests that buyers are gradually regaining control. Should the MACD complete a bullish crossover, where the MACD line crosses above the signal line, it will reinforce the argument for a rebound. When paired with XRP’s position above key support, such a signal could confirm that market sentiment is tilting in favor of the bulls. A strengthening MACD histogram, reflecting diminishing downside pressure, would further validate this shift and add weight to the case for an upward move in the coming sessions. Bulls On Standby: What Needs To Happen For A Breakout Several key conditions must be met before momentum shifts decisively in the bulls’ favor as XRP’s price action nears the $1.97 support zone. First, XRP needs to firmly establish $1.97 as a solid base, with multiple successful defenses of this level reinforcing buyer confidence. A rebound from this zone would signal underlying strength and provide the first step toward an upside breakout. Secondly, volume needs to step in. A breakout without a noticeable increase in trading volume risks being a false move. Sustained buying pressure would confirm that market participants are positioned for a trend reversal. Additionally, a decisive break above nearby resistance levels such as $2.25 or higher would invalidate the current consolidation phase and open the door for further gains. Lastly, indicators like the RSI and MACD must align with the bullish narrative. A rising RSI, without entering overbought territory, and a bullish MACD crossover would solidify the technical foundation for an upward move.
Here’s What Happens If The XRP Price Closes Out This Week Above $2.25
XRP is back trading above, $2, and bullish momentum is gradually creeping back compared to its price action at the end of March and beginning of April. Crypto analyst EGRAG CRYPTO believes this week could highlight a turning point for a full flip into bullish momentum, and how the XRP price closes out the week will be very important. According to the analyst’s outlook, which was posted on social media platform X, the current XRP candle on the weekly timeframe is hovering just above both $2.10 and the 21-week Exponential Moving Average (EMA). However, he noted that the real confirmation lies with if XRP can manage to close the week with a full-bodied candle above $2.25. Why Is $2.25 Important For XRP’s Price? The $2.25 level has now become more than just another short-term resistance. It is what EGRAG considers the final barrier to validating the recovery structure forming after March and April’s sharp retracement. His weekly chart shows XRP climbing out from a significant low after bouncing off the 0.888 Fib extension level and now stabilizing above the yellow 21-week EMA line. The alignment of XRP’s price above both the $2.10 price level and this moving average adds credibility to the potential of a bullish continuation, but EGRAG makes it clear that a weekly close above $2.25 is the “lock-in” point. From a technical standpoint, this would mark the first full-bodied weekly candle above the 21W EMA since the past four weeks. If achieved, this can be interpreted confirmation that bulls have regained dominance and that a bottom was established on April 7. Furthermore, it suggests that the April 7 bottom will continue to hold as support going forward. The chart also outlines close price targets at $2.51 and $2.60, with Fibonacci extension levels projecting even higher zones at $2.69 on the way to crossing back above $3. Failing To Close Above $2.25 Could Reintroduce Unwanted Narratives EGRAG also issued a cautionary note in case there isn’t a clean breakout. Should XRP fail to close the weekly candle above $2.25, he warned it could trigger a return of bearish narratives, including what he referred to as a possible “tariff issue.” This is referring to the recent tariff back-and-forth between the US and China in the past month, which has unbalanced the investment markets. A strong rejection could see the XRP price pull back toward the $1.96 Fibonacci level or even lower into the broader support band of around $1.58 to $1.30. The white box region on the chart above would then become the primary battleground for bulls and bears if a close above $2.25 is not secured by the end of the week.
XRP Price Under The Microscope: Top Expert’s Update Sets $10 Target
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy 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. As the XRP price climbs back above the crucial $2 mark, reflecting a 20% surge over the past week, market analysts are increasingly optimistic about the token’s recovery and potential for setting new all-time highs (ATHs). Expert analyst Maelius recently shared insights on social media platform X (formerly Twitter), suggesting that the current market dynamics support a bullish outlook for the XRP price. XRP Price Could Target $10 In Conservative Case Despite the recent price surge, some market participants remain skeptical about XRP’s trajectory. Maelius addressed these concerns, stating, “In a conservative case, I think XRP looks very bullish on higher time frames (HTFs).” Historically, XRP has shown a pattern of respecting the 50-week Exponential Moving Average (EMA) during bull markets. Recently, the asset touched this EMA and rebounded, reinforcing the belief that it is on a positive trajectory. Related Reading In his social media update, Maelius outlined two scenarios for XRP’s future price movements: a conservative case and a more optimistic base case. In the conservative scenario, Maelius posits that XRP has completed its Wave 3 (W3) of a larger Elliott Wave cycle and is currently finalizing Wave 4. This suggests that XRP could expand into a final Wave 5, targeting $10. The expert assigns a 35% probability to this conservative case, highlighting that price and Relative Strength Index (RSI) behaviors indicate a potential base formation around current levels before reaching new highs later in the year. Maelius’s more optimistic scenario suggests that the top of Wave 3 may not have been reached yet. He points out that the accumulation phase for the XRP price has been longer than in previous cycles, indicating that the market may just be taking more time to develop. In this case, the final W5 could extend into the first or second quarter of the next year, with targets ranging from $15 to $20 or higher. Can Dominance Translate To Price Gains? In addition to the XRP pprice analysis, Maelius examined the token’s market dominance, which indicates the token’s share within the broader cryptocurrency market. The expert noted that while the token’s dominance has been preparing for a final upward move, this does not necessarily correlate with the XRP price reaching new highs. The dominance metric, seen in the image below shared by Maelious, suggests that while XRP might underperform relative to other altcoins, it still has the potential for significant price appreciation. Related Reading XRP’s dominance chart. Source: Maelius on X The 1-week RSI for the token’s dominance is currently in an uptrend and resting on horizontal support. If this support level fails, a diagonal support line could provide the next level of defense. Historically, XRP’s dominance has experienced two major impulses during previous cycles, each reaching notable resistance areas. However, Maelius cautions that the growing size of the market makes it increasingly challenging for any single asset to achieve the same peaks as in prior cycles. The 1D chart shows XRP’s price surge above the key $2 level. Source: XRPUSDT on TradingView.com Featured image from DALL-E, chart from TradingView.com
Forget XRP At $3, Analyst Reveals How High Price Will Be In A Few Months
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy 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. XRP may have spent the past few weeks struggling to hold above the $2 level, but one analyst believes the recent price action is only in its early stages of a much larger surge. For those who think $3 is a reasonable target, this outlook predicted that the real move could take the altcoin far beyond that mark and possibly much sooner than expected. Multi-Stage Price Path With $10 To $20 The $3 price level has become the psychological and technical battleground for bullish XRP investors this cycle, serving as the most active price point. Earlier in January, the token briefly surged past this level, coming within striking distance of its all-time high of $3.40, before a wave of selling pressure triggered a pullback. Related Reading Since then, XRP has seen price corrections that pushed it as low as $1.65 on April 7. Yet, the outlook is once again tilting bullish. XRP has rebounded above $2 and is building a strong base to support another run toward $3. If the current momentum continues to gain traction, reclaiming $3 is not only likely, it could happen within a matter of weeks. One of the boldest predictions comes from a trader known as BarriC, who has laid out a roadmap that extends far beyond the $3 threshold. In a recent post on social media platform X, he forecasted that XRP, now trading near $2.20, will break $3 soon. But his outlook doesn’t stop there. He predicted that by May, the sentiment surrounding XRP could shift so drastically that $5 would be seen as the new “cheap” price for XRP. Taking things a step further, the analyst noted that if the broader crypto market transitions into a full-blown altcoin season, XRP could establish a new short-term trading range between $10 and $20 within the next few months. Utility Run Scenario Places “Cheap” XRP Closer To $1,000 Perhaps the most striking part of BarriC’s analysis comes from what he describes as a “utility run.” This utility run is a scenario where XRP’s real-world use cases as a bridge cryptocurrency start to gain adoption and reflect in its price. Under such conditions, the term “cheap XRP” would apply to prices below $1,000. Related Reading At the time of writing, XRP is trading at $2.14, up by 1.4% in the past 24 hours. As ultra-bullish as it might seem, the analyst’s price prediction isn’t surprising, as the cryptocurrency has been subjected to similar bullish outlooks in the past few days. Beyond bullish price targets, a few analysts now believe that XRP will flip both Ethereum and Bitcoin in the coming months. One such example is analyst Axel Rodd, who cited the breakdown in Bitcoin dominance as a reason why XRP will flip Bitcoin. Similarly, analysts at Standard Chartered recently predicted that the altcoin will flip Ethereum in market cap by 2028. XRP trading at $2.16 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
Is The XRP Price Mirroring Bitcoin’s Macro Action? Analyst Maps Out How It Could Get To $71
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy 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. A crypto analyst has presented a compelling case, suggesting that the XRP price may be closely mirroring Bitcoin’s historical macro action. By comparing its multi-year chart patterns and market behaviour, the analyst argues that XRP may be gearing up for a significant price rally to $71 and beyond. XRP Price Traces Bitcoin Path To Reach $71 TradingView crypto analyst RizeSenpai has forecasted that XRP could surge explosively to $71. At its current market price, this would represent a staggering 3,281% increase. Related Reading The TradingView expert conducted a detailed comparative analysis, drawing striking similarities between Bitcoin’s breakout from its multi-year accumulation range in 2015-2017 and XRP’s current price structure. He points out that XRP’s movements since it was listed on Poloniex in 2014 have closely mirrored Bitcoin’s macro price action but at a slower rate, estimated at 65%. For emphasis, the price chart shows that Bitcoin experienced a sharp surge of 5,424% after consolidating between 2013 and 2016 and finally breaking out in 2017. Similarly, XRP had a big rise in 2017 but has since been stuck trading within a large multi-year range for nearly six years as of the end of 2022. Source: RizeSenpai on Tradingview Recently, XRP broke out of its long-term price range and has been consolidating above its old all-time high resistance for several months. Considering its current price action, the analyst assumes that the asset may be attempting to move toward new breakout levels. The TradingView analyst has highlighted the potential for XRP to surge toward a more realistic target of $27 – $30, near the 1.618 Fibonacci Extension level. For reference, he shared a chart comparing Bitcoin’s past bull market breakout and performance with XRP’s current breakout and future price action. The chart reveals that when BTC broke out, it surged toward the 1.618 Fibonacci level at $61,800 before initiating a secondary run that topped at the 1.902 HOP level. As a result, RizeSenpai predicts that if XRP can completely mirror Bitcoin’s performance, it could skyrocket to $27, potentially reaching as high as $71, where the 1.902 HOP level lies. The Token To Surge Above $71 To $120 As mentioned earlier, XRP is still trading within a multi-year range breakout similar to Bitcoin’s in its past cycle. As of writing, XRP’s price sits at $2.13, having declined by more than 11% over the last month. Related Reading Notably, if the altcoin replicates the breakout momentum previously seen in Bitcoin, RizeSenpai predicts an explosive 5,400% increase, pushing its price to a very ambitious target of $120.94. This suggests that the TradingView analyst believes that XRP could exceed its previously projected target of $71 and climb past $120. Adding to the weight of this bullish forecast is the presence of a monthly Moving Average Convergence Divergence (MACD) Hidden Bullish Divergence. This technical indicator is often associated with an uptrend continuation and potential upside momentum. XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
XRP Outflows Cross $300 Million In April, Why The Price Could Crash Further
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy 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. The XRP price saw a rise in value over the weekend as bulls seemed to return to the table. Since the market has been low over the past few months, investors unsurprisingly took this as an opportunity to get out at a somewhat higher price. This has led to more negative networks over the last few days, adding even more red to the month of April that has been dominated by outflows. XRP’s April Outflows Cross $300 Million According to data from Coinglass, XRP has been struggling with negative net flows for the better part of April, recording more red days than green. Even the green days have been quite muted and have fallen short of the volumes recorded on the red days. With only 13 days gone out the month so far, there has already been more than $300 million in outflows recorded for the month already. Related Reading So far, only four out of the 13 days have ended with positive net flows, coming out to $56.08 million in inflows for the month. In contrast, the other nine days have been dominated by outflows, coming out to $311 million by Sunday. Source: Coinglass This consistent outflow suggests that sellers are still dominating the market, which explains why the XRP price has continued to remain low throughout this time. Additionally, if this negative net flow trend continues, then the XRP price could suffer further crashes from here. However, in comparison to the last three months, the month of April seems to be recording a slow down when it comes to outflows. For example, months of January and March recorded $150 million outflow days, whereas the highest so far in April has been $90 million, which occurred on April 6. One More Dip Coming? While there has been a return of positive sentiment among XRP investors, bearish expectations still abound, although mainly for the short-term. Crypto analyst Egrag Crypto, a known XRP bull, has pointed out that the altcoin is likely to see another dip in price before a recovery. Nevertheless, the expectations for the long-term are still extremely bullish. Related Reading The crypto analyst highlights the possibility for the XRP price to dip to $1.4, but explains that he continues to hold his position. As for how high the price could go, the analyst maintain three major price targets: $7.50, $13, and $27. “For me, I follow the charts with a clear understanding that certain events will unfold, but I stay updated on the news to see what narratives are created to influence market movements,” Egrag Crypto explained. Price shows bullish strength after dip | Source: XRPUSDT on TradingView.com Featured image from Dall.E, chart from TradingView.com
XRP Price Turns Green, Sparks Hopes of a Fresh Upside Push
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.
XRP Price To Hit $45? Here’s What Happens If It Mimics 2017 And 2021 Rallies
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy 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. XRP has staged an impressive recovery to reclaim the $2 price level after plunging to a weekly low of $1.657 in a steep midweek correction. The rebound comes at a crucial time for the cryptocurrency, with analysts paying closer attention to historical price behaviors and bullish technical patterns. Among them is EGRAG CRYPTO, a popular XRP analyst on X, who believes that the cryptocurrency could be on the cusp of a monumental surge reminiscent of its previous bull cycles in 2017 and 2021. The Power Of Time Cycles And Exponential Moving Averages EGRAG’s technical analysis focuses on a recurring structure seen in XRP’s past cycles, using the 21-period Exponential Moving Average (EMA) and 33-period Moving Average (MA) on the biweekly timeframe. According to his analysis, which was revealed on social media platform X, both the 2017 and 2021 rallies were preceded by similar technical setups: a sustained bottoming process lasting around 770 days followed by a bullish reversal. Related Reading These phases were marked by what he described as “blow-off tops,” where XRP posted parabolic gains after bouncing off the 21 and 33 exponential moving averages. The current market structure, EGRAG noted, aligns closely with those previous cycles. After a prolonged bearish trend and a second recorded “bearish cross” in 2022, XRP has once again moved above both the 21 EMA and 33 MA. Source: Egrag Crpyto on X In his view, this sets the stage for a similar breakout scenario, one that could play out before the end of 2025. EGRAG uses this pattern to suggest a timeline of roughly 770 days from the last major crossover in early 2022, placing the projected breakout target around September 29, 2025. XRP Can Surge To $45 Interestingly, EGRAG’s price prediction based on the premise of how a similar 2017 or 2021 movement can play out for XRP. In 2017, XRP posted a rally of approximately 2,700%, and in 2021, a slightly lower surge of about 1,050%. By mapping those gains onto the current price structure, EGRAG predicted two potential targets: a more conservative $19 level and a bold $45 level. Between these two targets is a mid-range target of $27 which he has previously favored. Related Reading However, the analyst warned that while chart patterns offer insight, they are not perfect predictors. In his own words, “Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire.” Still, the emotional patterns of market participants, human reactions and behaviors, tend to repeat to create opportunities where a previous price action might play out again, even if not 100%. The analyst ended his analysis with a strategic note to long-term holders and short-term traders alike, consider a Dollar-Sell-Average (DSA) approach when the XRP price starts to climb. At the time of writing, XRP is trading at $2.04, up by 2.6% in the past 24 hours. XRP trading at $2 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Adobe Stock, chart from Tradingview.com
Whale Alert: Ripple Sends 200 Million XRP Into The Shadows
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy 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. San Francisco-based Ripple has transferred 200 million XRP tokens, worth approximately $400 million, between company-controlled wallets. The massive movement occurred today and was first spotted by cryptocurrency tracking service Whale Alert. Related Reading Tracking The Money Trail The transaction initially appeared to be heading to an unknown destination when Whale Alert reported the funds moving to an unidentified address ‘rP4X2…sKxv3’. But blockchain analytics platform Bithomp later clarified that both the sending and receiving wallets belong to Ripple. The receiving wallet was created by Ripple on October 2, 2023, with an initial funding of 70 million XRP. Since its creation, this wallet has only interacted with other Ripple-linked addresses, strengthening the evidence that this was an internal transfer rather than funds moving to an outside entity or exchange. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 200,000,000 #XRP (402,739,474 USD) transferred from #Ripple to unknown wallethttps://t.co/cZz7k5fum8 — Whale Alert (@whale_alert) April 11, 2025 Why The Big Money Move According to crypto community figure XRP_Liquidity, who tracks Ripple’s token movements, the transaction represents standard treasury management – Ripple simply shifting money between its own accounts. The 200 million XRP tokens remain untouched at the receiving address, suggesting no immediate plans for their use. Source: Whale Alert The receiving wallet now holds around 290 million XRP tokens, valued at about $577 million as of the current XRP price of $2.04 per token, based on figures by Coingecko. According to historical trends, the funds can be used for various purposes in Ripple’s business operations. They can be used to finance On-Demand Liquidity (recently renamed Ripple Payments), finance exchange-traded products that mirror XRP’s value, or give liquidity to cryptocurrency exchanges where XRP is listed. XRP market cap currently at $119 billion. Chart: TradingView.com The Bigger Financial Picture The sending wallet didn’t empty its cash register with this transfer. It still contains 200 million XRP tokens. That wallet had received 300 million XRP on April 2 from another Ripple-linked address, which itself had received 500 million XRP from Ripple’s monthly escrow release. Ripple maintains most of its XRP holdings in escrow accounts, with programmed releases occurring monthly. The April release showed unusual timing compared to Ripple’s standard practice. Related Reading Breaking From Routine Ripple broke from its traditional first-of-month schedule for its April token release. Instead of unlocking the funds on April 1, the company first returned 700 million XRP to escrow, then released 1 billion XRP on April 3. This shift in schedule runs counter to Ripple’s established tradition of releasing tokens on the first day of each month, although the company has not commented publicly on its reasoning for this timing change. The wallet transactions are significant, as XRP trades at over $2 per token, giving the cryptocurrency such a high valuation that even normal transfers are worth several hundreds of millions of dollars. These huge transfers are usually followed closely by crypto market watchers, as they can on occasion be indicative of any potential future market move or strategic decision taken by the company. Featured image from Gemini Imagen, chart from TradingView