XRP Maintains Growth Momentum Despite Bitcoin's Sharp Decline – A Signal for a Major Breakout?

The cryptocurrency market just experienced a tumultuous weekend as Bitcoin recorded a significant fall, at one point hitting $110,500 before slightly recovering to above $112,700. However, while the leading coin is facing difficulties, XRP is showing some rare positive signals, drawing attention from analysts. Veteran Analyst: XRP Could Reach $5 On social media X, Davinci Jeremie – a famous trader who once advised buying BTC when it was only $1 in 2011 – stated that XRP has the potential to break through to $5 in the near future. He pointed out that the recent price structure of XRP has formed a "W" pattern along with the creation of a new local peak, and this is a real growth, not price manipulation.

Bullish Divergence Signal: Is XRP Preparing for the Next Bull Wave? According to trader CasiTrades, while BTC sets a new local bottom, XRP remains solid in the accumulation zone, indicating positive divergence ( – a sign that often signals an early strong bullish trend. CasiTrades particularly emphasizes the $2.91 area as the "golden support level" )golden retrace( – an important area according to Elliott Wave Theory, often the end point of Wave 2 before entering the strong Wave 3. If XRP continues to hold above this level, the next target will be resistance at $3.12. A clear breakout of this threshold could confirm a larger bullish trend, paving the way for further targets. Technical Outlook: Resistance $3.12 – $3.70 And Beyond Analyst Ali Martinez )@ali_charts( also made a similar prediction, suggesting that XRP has the potential to test the $3.70 area in the short term, based on technical patterns and increasing Fibonacci extension indicators.

Currently, XRP is trading around $2.96, having successfully defended the $2.90 level multiple times. Technical indicators such as the RSI )Relative Strength Index( all indicate a bullish divergence, implying that the downward momentum is weakening even though the price is still testing the bottom levels. In addition, on-chain data such as the Spent Output Profit Ratio )SOPR( also shows that profit-taking pressure has significantly decreased, opening up opportunities for a new upward trend.

If XRP decisively breaks above the $3.12 level, many experts believe that the next target will be $3.70, followed by a move towards $4 and even setting a new peak if the upward trend is maintained. Conclusion In the context of the cryptocurrency market facing significant falling pressure, XRP maintaining its growth structure and standing firm while BTC weakens makes this token stand out more than many other large coins. While it is still too early to assert a long-term upcycle, current signs suggest that XRP may be in the preparatory stage for a new explosion.

XRP0.83%
BTC1.84%
CHO-1.26%
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