The post 20% Breakout for XRP Price Emerges as Real Opportunity appeared on BitcoinEthereumNews.com. Fresh news analysis of the XRP price just dropped, and this one by Ali Martinez implements a 20% breakout scenario for the popular cryptocurrency. According to the outlook, the only thing that separates XRP from a $2.7 price tag is the dynamic resistance level, which is currently stretching at around $2.28 per token.  The analyst points to the descending channel that has directed XRP for weeks and argues that the moment price closes above this line, the chart unlocks a clean path toward the mid-$2.7 region.  The setup he outlines is based on XRP’s repeated attempts to reclaim the mid-channel area and the series of higher lows that formed after the late-November rejection near $2.05. These higher lows indicate that buyers have been defending the same zone with consistent conviction, reducing the distance to the resistance ceiling each time.  That dynamic alone increases the probability of a breakout once any volume spike hits the market, as the structure now requires less effort from buyers to force a decisive move. Ripple moves $200 million of XRP In the parallel developments, Ripple moved over 92 million XRP, which is equal to around $202 million right now, and this took place between the wallets that Whale Alert tagged as unknown. Still, the more sophisticated analysis by “XRPWallets” showed that both addresses belong to the company closely associated with the XRP token.  This reframes the transfer as an internal action rather than a market-moving event, but it does not eliminate the question of why such a sizable sum was repositioned at this moment.  You Might Also Like With the technical and on-chain pieces lining up, the $2.28 level becomes the pressure point where the entire structure can flip. Hold below it and XRP stays trapped. Break through it and the price rise snaps into play without much room… The post 20% Breakout for XRP Price Emerges as Real Opportunity appeared on BitcoinEthereumNews.com. Fresh news analysis of the XRP price just dropped, and this one by Ali Martinez implements a 20% breakout scenario for the popular cryptocurrency. According to the outlook, the only thing that separates XRP from a $2.7 price tag is the dynamic resistance level, which is currently stretching at around $2.28 per token.  The analyst points to the descending channel that has directed XRP for weeks and argues that the moment price closes above this line, the chart unlocks a clean path toward the mid-$2.7 region.  The setup he outlines is based on XRP’s repeated attempts to reclaim the mid-channel area and the series of higher lows that formed after the late-November rejection near $2.05. These higher lows indicate that buyers have been defending the same zone with consistent conviction, reducing the distance to the resistance ceiling each time.  That dynamic alone increases the probability of a breakout once any volume spike hits the market, as the structure now requires less effort from buyers to force a decisive move. Ripple moves $200 million of XRP In the parallel developments, Ripple moved over 92 million XRP, which is equal to around $202 million right now, and this took place between the wallets that Whale Alert tagged as unknown. Still, the more sophisticated analysis by “XRPWallets” showed that both addresses belong to the company closely associated with the XRP token.  This reframes the transfer as an internal action rather than a market-moving event, but it does not eliminate the question of why such a sizable sum was repositioned at this moment.  You Might Also Like With the technical and on-chain pieces lining up, the $2.28 level becomes the pressure point where the entire structure can flip. Hold below it and XRP stays trapped. Break through it and the price rise snaps into play without much room…

20% Breakout for XRP Price Emerges as Real Opportunity

2025/12/04 18:33

Fresh news analysis of the XRP price just dropped, and this one by Ali Martinez implements a 20% breakout scenario for the popular cryptocurrency. According to the outlook, the only thing that separates XRP from a $2.7 price tag is the dynamic resistance level, which is currently stretching at around $2.28 per token. 

The analyst points to the descending channel that has directed XRP for weeks and argues that the moment price closes above this line, the chart unlocks a clean path toward the mid-$2.7 region. 

The setup he outlines is based on XRP’s repeated attempts to reclaim the mid-channel area and the series of higher lows that formed after the late-November rejection near $2.05. These higher lows indicate that buyers have been defending the same zone with consistent conviction, reducing the distance to the resistance ceiling each time. 

That dynamic alone increases the probability of a breakout once any volume spike hits the market, as the structure now requires less effort from buyers to force a decisive move.

Ripple moves $200 million of XRP

In the parallel developments, Ripple moved over 92 million XRP, which is equal to around $202 million right now, and this took place between the wallets that Whale Alert tagged as unknown. Still, the more sophisticated analysis by “XRPWallets” showed that both addresses belong to the company closely associated with the XRP token. 

This reframes the transfer as an internal action rather than a market-moving event, but it does not eliminate the question of why such a sizable sum was repositioned at this moment. 

You Might Also Like

With the technical and on-chain pieces lining up, the $2.28 level becomes the pressure point where the entire structure can flip. Hold below it and XRP stays trapped. Break through it and the price rise snaps into play without much room for latecomers.

Source: https://u.today/20-breakout-for-xrp-price-emerges-as-real-opportunity

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QQQ short term cycle nearing end; pullback likely to attract buyers [Video]

QQQ short term cycle nearing end; pullback likely to attract buyers [Video]

The post QQQ short term cycle nearing end; pullback likely to attract buyers [Video] appeared on BitcoinEthereumNews.com. The short-term Elliott Wave outlook for the Nasdaq 100 ETF (QQQ) indicates that the cycle from the April 2025 low remains active. Wave (4) of the ongoing impulse concluded at 580.27, and the ETF has since resumed its upward trajectory. To confirm continuation, price must break above the prior wave (3) peak recorded on 30 October at 638.41. The rally from the 21 November wave (4) low has matured and is expected to complete soon, reflecting the natural rhythm of the Elliott Wave sequence. The advance from wave (4) has unfolded as a five-wave impulse. Within this structure, wave ((i)) ended at 586.25, followed by a corrective pullback in wave ((ii)) that terminated at 580.36. From there, the ETF nested higher. Wave (i) of the next sequence ended at 596.98, while wave (ii) pulled back to 589.44. Momentum carried wave (iii) to 606.76, before wave (iv) corrected to 597.32. The final leg, wave (v), reached 619.51, completing wave ((iii)) at a higher degree. A subsequent pullback in wave ((iv)) ended at 612.13. Looking ahead, wave ((v)) of 1 is expected to finish soon. Afterward, a corrective wave 2 should unfold, addressing the cycle from the 21 November low before the ETF resumes higher. In the near term, as long as the pivot at 580.27 remains intact, dips are anticipated to find support in a 3, 7, or 11 swing sequence, reinforcing prospects for further upside. Nasdaq 100 ETF (QQQ) 30-minute Elliott Wave chart from 12.5.2025 Nasdaq 100 ETF Elliott Wave [Video] Source: https://www.fxstreet.com/news/qqq-short-term-cycle-nearing-end-pullback-likely-to-attract-buyers-video-202512050323
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BitcoinEthereumNews2025/12/05 11:40