XRP Rejected at Key ResistanceFenzoFx—XRP failed to close above the $2.6480 resistance on Monday, dipping 6.00% to $2.5460, just above the bullish fair value gap. A momentum divergence confirms the strength of the $2.6480 resistance zone, highlighted in grey on the daily chart.
From a technical standpoint, XRP may trade lower toward $2.430, supported by the ascending trendline. If selling pressure persists, further downside targets include $2.224 and $2.073.
The bearish outlook remains valid as long as XRP/USD trades below the descending trendline. October 10’s long lower wick also suggests a gap that may attract price to fill, reinforcing the bearish scenario.
Xrpforecast
XRP Holds Gains Amid AccumulationFenzoFx—XRP (Ripple) is up 3.0% today, trading at $2.464 above the 8-period SMA. Rising volume suggests accumulation. If the price holds above $2.318, XRP/USD may target $2.6480. Continued buying pressure could invalidate the downtrend and open the path to the next liquidity zone at $2.956.
However, if the price drops below $2.3180, the bullish scenario is invalidated and accumulation may extend toward the $2.000 psychological level. Traders should monitor support levels closely as momentum builds.
XRP May Extend Bearish MomentumFenzoFx—XRP (Ripple) is in a bear market, trading around $2.847 after failing to hold above the bearish FVG resistance at $2.966. It dipped and tested lows at $2.699.0. The outlook remains bearish while XRP/USD trades below the fair value gap. If this level holds, price may break below $2.6990, with potential downside extending to $2.339 if selling pressure increases.
Please note, the bearish view is invalidated only if price closes and stabilizes above the $4,250.0 resistance.
XRP Price Action – Accumulation Before GrowthXRP is currently navigating a phase defined by liquidity-driven swings and rapid sentiment shifts. After the market endured a heavy decline, buyers have re-emerged, showing resilience through aggressive rebounds. This behavior reflects a deeper pattern: sellers are losing efficiency in driving the market lower, while buyers are treating each dip as an opportunity to accumulate.
In the short term, the market appears to be balancing between two forces — the need for a corrective retracement to secure liquidity, and the desire of participants to push price into higher zones. This tug-of-war often results in shallow pullbacks, where temporary declines are quickly absorbed. Such behavior highlights that speculative capital is rotating back into XRP, aligning with broader risk-on sentiment across digital assets.
If this pattern holds, the near-term trajectory favors gradual expansion, with the asset likely aiming for higher valuations. However, investors should remain aware that short-term corrections are less about trend reversals and more about the mechanics of liquidity collection.
Likely scenario October end..You know, studying Xrp's chart shows us a multitude of fractals and points that match up quite well with the previous moves up since December. I'm expecting a move up higher come end of October and that's what I foresee in the charts currently. It's basically a more miniature version of the previous run up we had and it's a very similar fractal wedge that's forming. We're moving up higher soon with a little bit of more side action consolidation.
XRP Forms Head and Shoulders At PremiumFenzoFx—Ripple (XRP) displaced above $2.900, confirming a bullish trend. It now trades around $2.978, filling a bearish fair value gap and forming a head and shoulders pattern. On the 4-hour chart, equal lows at $2.934 and a liquidity void at $2.912 suggest a potential downside move.
Please note that $2.912 remains in the premium zone, however, it could trigger a bullish wave targeting $3.037. A break below $2.912 may extend the decline toward the fair value gap at $2.837. Traders should monitor these levels closely for bullish setups.
XRP: Bullish Setup Forms Above $2.833FenzoFx—XRP extended its downtrend to the August low of $2.727, briefly sweeping below. On the 4-hour chart, three equal highs at $3.105, $3.145, and $3.348 suggest a bullish setup. Immediate resistance sits at $2.833.
A bullish wave may emerge if this level is engulfed with a fair value gap, targeting $2.915. A strong exit above $2.195 could push toward $3.105 and $3.145.
Ripple: Corrective RallyUnder our primary scenario, we place Ripple’s XRP in a corrective rally, which should ideally conclude near resistance at $4.09, marking the peak of turquoise wave B. After this high, we anticipate a wave-C pullback, which should bottom out well above support at $0.38 – and establish the low of the larger magenta wave (2). Looking ahead, magenta wave (3) should then drive a sustained move above the $4.09 threshold. Be this as it may, if the altcoin surpasses this resistance level in the current leg, that will indicate that wave alt.(2) has already completed (probability: 33%). In that scenario, we would expect a direct breakout.
XRP: Key Support at $2.72 Holds Bullish OutlookFenzoFx—XRP (Ripple) broke its bearish structure with a strong engulfing pattern on August 7 and is now consolidating near $3.00. This level is supported by a bullish order block, with immediate support at $2.90.
The 4-hour chart shows equal highs at $3.66, marking a liquidity target. Immediate resistance lies at $3.09, and a close above this level could resume the uptrend.
XRP Holds Support: Eyes Break Above $3.31FenzoFx—XRP (Ripple) holds above the fair value gap (FVG), with key support at $3.11. Technically, the uptrend may resume if XRP closes and stabilizes above $3.31, supported by a bullish FVG on lower time frames like M10 or M15.
If this scenario unfolds, the next bullish target is the order block with highs at $3.56.
XRP's Failed Structure Break Signals Further ConsolidationFenzoFx—XRP/USD currently trades around $3.045 in a low-momentum market. Stochastic exited the overbought zone and is declining, signaling strengthening bearish momentum. The failed structure break in the New Session suggests a liquidity sweep with weak bullish interest.
Immediate resistance stands at $3.091. Technically, price is expected to decline toward the previous day's low at $2.931, a key liquidity zone. Please note that the bearish outlook is invalidated if price exceeds $3.091.
XRP Confronts Daily SMA ResistanceFenzoFx—XRP remains bearish, trading below the 50-period daily SMA at around $3.18. The SMA acts as resistance. Immediate support lies at $2.96. A break below this level may trigger further downside toward the $2.66 demand zone.
On the upside, a close and stabilization above $3.27 would invalidate the bearish outlook. In that case, momentum could push prices toward the previous highs at $3.65.
XRP Retests Previous All-Time High as Bullish Setup DevelopsFenzoFx—XRP (Ripple) is tested and has stayed above $3.40, the previous all-time high. This level acts as support, backed by the VWAP from Thursday's low and the bullish FVG.
If this level holds, we expect the cryptocurrency to aim higher, targeting $3.60, followed by $3.66.
XRP: Order Block at $3.40 Could Cap The RallyFenzoFx—Ripple's bullish momentum resumed nonstop, offering no clear pullback for entry. Currently, XRP is testing resistance at $3.40 within an order block. Momentum indicators remain in overbought territory, signaling short-term overpricing.
Volume profile shows limited resistance at present levels, suggesting a likely retest of $3.40. If this resistance holds, a pullback toward support around $3.00 is expected. This level can provide a discount to join the bull market.
XRP Cools Near $3.00 Amid Overbought SignalsFenzoFx—XRP remains bullish after piercing $3.00 earlier this week but cooled near resistance. Trading around $2.90, Stochastic (~84) and RSI 14 (80) indicate overbought conditions, suggesting consolidation.
We anticipate a pullback toward $2.66 support before resuming the uptrend. Alternatively, a decisive break above $3.00 would target $3.21 next.
XRP Pushes Toward Breakout as Momentum BuildsFenzoFx—XRP is bullish, attempting a breakout above the $2.34 resistance. Stochastic at 70.0 and RSI at 63.0 signal strong momentum with room for further upside.
A close above $2.34 could push XRP/USD toward the next target at $2.48. However, the bullish bias remains valid only above the $2.16 support—dropping below this level could reverse the trend.
XRP: Break Above $2.338 Opens Path to $2.480FenzoFx—Ripple (XRP) eased near weekly highs of $2.338, with Stochastic and RSI 14 signaling overbought conditions. The trend stays bullish above the anchored VWAP or $2.165, but consolidation toward $2.2240 is expected before resuming.
A break above $2.338 would target the next supply zone at $2.480.
Ripple Consolidates with Bullish Bias IntactXRP was rejected at the previous week’s high of $2.34 and is currently testing support at $2.22. As long as it holds above $2.16 or the 50-SMA, the bullish trend remains valid, with $2.34 likely to be retested.
On the flip side, a close below $2.16 could trigger a decline toward $2.07.
Bearish Setup Forms for XRP Below $2.21FenzoFx—XRP trades around $2.18 after forming a long-wick bearish candlestick above $2.17 support.
Stochastic reads 83.0, indicating overbought conditions. A close below $2.16 with a bearish engulfing candle could lead to $2.08. A close above $2.21 would invalidate the bearish outlook and open the door to $2.33.
XRP Builds Bullish Outlook as $2.08 Support Holds StrongFenzoFx—XRP bounced from $2.14 and trades near $2.17, approaching resistance at $2.19. The market remains bullish above the $2.08 critical support. A close above $2.19 could lead to targets at $2.23 and $2.24.
The bullish outlook is invalidated if XRP/USD closes below $2.08.
Ripple Trades Sidways: What's Next?FenzoFx—Ripple (XRP) remains above $2.091, trading sideways in a low-momentum market. With support at $2.091 and resistance at $2.218, the trend is bullish as prices stay above the 50-period SMA.
The uptrend could extend if XRP/USD closes above $2.218, aiming for $2.355. However, a correction may begin if prices fall below $2.091, with $1.999 as the next support.
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XRP Tests Critical Resistance LevelFenzoFx—XRP/USD has gained 23.0% since April 7, testing $1.999 as resistance. A close below this level could trigger a new bearish wave, targeting $1.736.
Conversely, if the price exceeds $2.10, the bullish momentum could potentially extend to $2.218.
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