4 Mouthwatering Signs Ripple’s (XRP) Price Is About to Rip in May
The post 4 Mouthwatering Signs Ripple’s (XRP) Price Is About to Rip in May appeared on BitcoinEthereumNews.com. Altcoin investors who bought XRP 12 months ago are much better off today with their Ripple bags. The asset traded 330% higher on the year to start off May, and here’s why it could go even higher. XRP Buyers in The Money Even crypto traders who bought XRP on New Year’s Eve just before the height of the crypto bull run in January were up around 5% to start the month. But, Ripple’s flagship payments coin didn’t fare as well as Bitcoin during the recovery rally in April. As May got rolling, XRP was up 4% on the one-month view, and BTC was up 13.5%. Still, XRP didn’t do as badly as Ethereum in April, its other biggest competitor, with ETH down some 3% for the month’s trading. Here are four fresh signals for May that Ripple prices could be about spring. 1. XRP Bullish Inverse Bear and Shoulders Pattern $XRP looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target between $2.70 and $2.90. pic.twitter.com/TXjQ6zhnND — Ali (@ali_charts) April 28, 2025 Ripple has a strong bullish chart pattern that showed up on its price graph in April. That could mean that buyers could get a quick boost to their currency exchange rate overnight. Popular crypto X chart technical analyst Ali Martinez wrote in a post on Apr. 28 that XRP’s price “looks to be breaking out of an inverse head and shoulders pattern.” Ali Charts, as he goes by on X, identified a possible upside target range for Ripple prices between $2.70 and $2.90. That could represent an increase of over 30% compared to the start of May. While that may seem staggering by stock market standards, this sort of performance is not unusual for many altcoins like XRP. 2. Eric Trump…
The post 4 Mouthwatering Signs Ripple’s (XRP) Price Is About to Rip in May appeared on BitcoinEthereumNews.com.
Altcoin investors who bought XRP 12 months ago are much better off today with their Ripple bags. The asset traded 330% higher on the year to start off May, and here’s why it could go even higher. XRP Buyers in The Money Even crypto traders who bought XRP on New Year’s Eve just before the height of the crypto bull run in January were up around 5% to start the month. But, Ripple’s flagship payments coin didn’t fare as well as Bitcoin during the recovery rally in April. As May got rolling, XRP was up 4% on the one-month view, and BTC was up 13.5%. Still, XRP didn’t do as badly as Ethereum in April, its other biggest competitor, with ETH down some 3% for the month’s trading. Here are four fresh signals for May that Ripple prices could be about spring. 1. XRP Bullish Inverse Bear and Shoulders Pattern $XRP looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target between $2.70 and $2.90. pic.twitter.com/TXjQ6zhnND — Ali (@ali_charts) April 28, 2025 Ripple has a strong bullish chart pattern that showed up on its price graph in April. That could mean that buyers could get a quick boost to their currency exchange rate overnight. Popular crypto X chart technical analyst Ali Martinez wrote in a post on Apr. 28 that XRP’s price “looks to be breaking out of an inverse head and shoulders pattern.” Ali Charts, as he goes by on X, identified a possible upside target range for Ripple prices between $2.70 and $2.90. That could represent an increase of over 30% compared to the start of May. While that may seem staggering by stock market standards, this sort of performance is not unusual for many altcoins like XRP. 2. Eric Trump…
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