XRP Bullish Setup Still Intact: Analyst Sees $6+ Target if Support Holds

In a market that froths with hype and sudden reversals, it takes steadiness and structural insight to separate true shifts from noise. X RP currently finds itself in precisely that zone —a potential swing, a defining moment—where one chart pattern, if honored, could deliver a massive upside, but whose failure would carry serious downside ￰0￱ Pattern and Its Stakes CoinsKid, in a recent post on X, outlined a recurring formation on XRP’s daily ￰1￱ to his view, this structure is still “at play” and, while it suggests upside toward $6+, it also admits volatility, shakeouts, and bear-trap moves as intrinsic features while the pattern ￰2￱ key is that price must confirm a clean breakout before the bullish thesis can be trusted; until then, both directions remain ￰3￱ pattern is not brand new in concept—CoinsKid invokes a parallel to a setup he followed on BNB last year (then on weekly timeframes).

But the tempo has changed: now this behavior is unfolding on a daily scale for XRP, meaning sharper and more frequent whipsaws are to be ￰4￱ is a pattern that sends #xrp to $6+ we have been traking it for a while ￰5￱ the pattern breaks out, expect volatility even bear trap shakeouts along the ￰6￱ pattern is still at play. it's a similar one we traded on #bnb last year except that it was being… ￰7￱ — CoinsKid (@Coins_Kid) October 7, 2025 Critical Invalidator: $1.90 No technical setup is meaningful without a decisive invalidation line, and for this thesis, CoinsKid zeroes in on $1.90. If XRP ever prints a decisive daily close below that zone, the bullish count gets nullified and the structure loses its ￰8￱ level also corresponds to a June 22 low that CoinsKid refers to as “monumental support,” stating that a break beneath it “changes the game completely.” Therefore, traders should treat $1.90 not as a mere pivot but as a structural boundary—positioning, stops, and risk must all respect ￰9￱ Technical Context At present, XRP is trading in a consolidation beneath a descending resistance ￰10￱ multiple analyses, it is suggested that the asset is building pressure against a multi-month trendline, showing strength above key moving averages while being capped overhead.

Meanwhile, a recent report warns of a possible reversal toward the $1.90 area should the support not ￰11￱ himself has updated his Elliott Wave view, framing the current pattern as a Wave 4 correction within a descending triangle, with a potential Wave 5 “blow-off” if $1.90 ￰12￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Trading Risk, Volatility, and Execution Because this is a daily-timeframe formation, volatility is part of the pattern’s ￰13￱ breaks, intraday liquidity sweeps, sudden reversals—these should be ￰14￱ should avoid staking full conviction until the breakout is confirmed with volume and follow-through.

A prudent approach is to position with a size that allows abiding by the strict invalidation: if $1.90 is breached, losses must be ￰15￱ the upside, if price clears the pattern’s resistance, positions may be scaled in, with trailing stops to guard ￰16￱ setup is not about catching the top or bottom—it’s about letting the pattern reveal its ￰17￱ it space, manage risk, and let structure do the ￰18￱ : This content is meant to inform and should not be considered financial ￰19￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰20￱ are urged to do in-depth research before making any investment ￰21￱ action taken by the reader is strictly at their own ￰22￱ Tabloid is not responsible for any financial ￰23￱ us on Twitter , Facebook , Telegram , and Google News