Market Strategist: What You Should Expect For The XRP Next Leg

XRP has been stuck under $3 for much of the past two weeks and is struggling to build the kind of momentum traders have been waiting for, alongside the rest of the crypto ￰0￱ picture has started to change in the past day, as the price began climbing back toward $3. This shift comes as market commentators are revealing different bullish technical setups, with one of the loudest voices being Altcoin Gordon, who believes the next move for XRP won’t just be higher, but it will be fast and ￰1￱ XRP Move Will Be Fast And Aggressive Altcoin Gordon, who has built a reputation for bold commentary on the crypto market, issued an important call for crypto traders on the social media platform ￰2￱ analyst didn’t hesitate with words on his post, noting that XRP’s next move is going to be fast and ￰3￱ to him, the best course of action now is to be “either positioned BEFORE it happens, or begin for an entry once it does.” Gordon’s perspective is rooted in how the altcoin has been trading inside a descending triangle on the daily candlestick timeframe ￰4￱ structure has become evident considering that the XRP price has bounced off the same support level about three times since early August.

Particularly, the chart setup Gordon points to shows the asset holding a key support around $2.70 multiple ￰5￱ structure suggests pressure is building, and once the upper resistance trendline gives way, the breakout could come with ￰6￱ to Gordon’s projection on the daily chart, the first stop is breaking above the resistance trendline currently around $3. However, the real acceleration would likely push XRP to $3.6 and above to new all-time highs. Longer-Term Signals Point Toward Bigger Gains Gordon’s focus is on the immediate breakout, but his outlook gains weight when combined with longer-term projections from other ￰7￱ instance, crypto analyst Mikybull Crypto drew attention to XRP’s performance on the three-month candlestick chart, noting that the coin has flipped green for the first time since ￰8￱ signal coincided with the start of the major uptrend in 2017 that pushed the token price to unprecedented price levels at the ￰9￱ history repeats itself, its price could be on the verge of something much larger than just a rally to $3 or $3.6.

Mikybull’s analysis predicts that the XRP price could reach anywhere between $5 and $15 on the macro ￰10￱ the time of writing, the altcoin is trading at $2.98, having increased by about 4.8% in the past 24 hours. CoinCodex’s algorithm also predicts that XRP will reach above $4 within the next six months, specifically a $4.20 price ￰11￱ projection was shared by the official CoinCodex account in a direct response to Altcoin Gordon’s post on X.