More XRP Charts are ‘Signalling a Mega Bullish Wave’ to $20 in 2025
The post More XRP Charts are ‘Signalling a Mega Bullish Wave’ to $20 in 2025 appeared on BitcoinEthereumNews.com. Key takeaways: XRP price just hit multiyear highs of $3.66, but technicals suggest there’s more room to run. Multiple XRP charts signal a potential “explosive” move, targeting $7-$20 if key resistances are broken. XRP (XRP) price has risen significantly over the last seven days, climbing to a new record high of $3.66 on Friday, and up nearly 90% since its April lows. Despite this impressive performance, several technical setups suggest that XRP price is yet to enter its parabolic phase, according to analysts. XRP dominance “signalling a mega bullish wave” Popular crypto analyst Dom said that although XRP hit multiyear highs on Friday, a few other charts “haven’t really signaled full bull just yet.” One of these is market share, or the XRP dominance (XRP.D) chart, which shows that XRP is back at the weekly resistance level around 5.50%. This resistance has held XRP.D down for over 2,200 days. Related: XRP is about to hit $200B market cap for first time; price nears record “Anytime $XRP.D broke the current resistance in the past, we saw a 2x shortly after,” Dom explained, adding: “If history repeats after a successful break, this would land us near a target of $7-$10, depending on how much the rest of the market moves.” XRP dominance of the total crypto market chart. Source: Dom “Not everyone is paying attention to the XRP Dominance, but I truly believe it’s signaling a mega bullish wave!” Fellow analyst Egrag Crypto said in a post on Saturday. The metric has broken out of a bull pennant in the two-week time frame, projecting XRP dominance between 21% and 275%. The analyst explained that the Visible Range Volume Profile (VRVP) reveals a significant void above 5.75%, which aligns with the resistance spotted by Dom. “This means that any closure above 5.75%, which…
The post More XRP Charts are ‘Signalling a Mega Bullish Wave’ to $20 in 2025 appeared on BitcoinEthereumNews.com.
Key takeaways: XRP price just hit multiyear highs of $3.66, but technicals suggest there’s more room to run. Multiple XRP charts signal a potential “explosive” move, targeting $7-$20 if key resistances are broken. XRP (XRP) price has risen significantly over the last seven days, climbing to a new record high of $3.66 on Friday, and up nearly 90% since its April lows. Despite this impressive performance, several technical setups suggest that XRP price is yet to enter its parabolic phase, according to analysts. XRP dominance “signalling a mega bullish wave” Popular crypto analyst Dom said that although XRP hit multiyear highs on Friday, a few other charts “haven’t really signaled full bull just yet.” One of these is market share, or the XRP dominance (XRP.D) chart, which shows that XRP is back at the weekly resistance level around 5.50%. This resistance has held XRP.D down for over 2,200 days. Related: XRP is about to hit $200B market cap for first time; price nears record “Anytime $XRP.D broke the current resistance in the past, we saw a 2x shortly after,” Dom explained, adding: “If history repeats after a successful break, this would land us near a target of $7-$10, depending on how much the rest of the market moves.” XRP dominance of the total crypto market chart. Source: Dom “Not everyone is paying attention to the XRP Dominance, but I truly believe it’s signaling a mega bullish wave!” Fellow analyst Egrag Crypto said in a post on Saturday. The metric has broken out of a bull pennant in the two-week time frame, projecting XRP dominance between 21% and 275%. The analyst explained that the Visible Range Volume Profile (VRVP) reveals a significant void above 5.75%, which aligns with the resistance spotted by Dom. “This means that any closure above 5.75%, which…
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