The cryptocurrency trade expert noted that the split into the price of XRP has already been confirmed after a short -term bull impulse, and investors must foresee further jumps.
According to Alan Santana, XRP demonstrates the potential for a higher shift, breaking over the descending line of the trend after several weeks of consolidation after its peak in December 2024, as indicated in it TradingView Message January 12.
The prospects of Santana noted that after a sharp video at the end of last year, inspired by optimism after the elections, XRP entered the recovery phase, which turned into a pattern of consolidation. This model, often considered a 50/50 scenario, in which the price action can part or down, now decisively prefers bulls.
He added that wider market conditions in 2025, especially this year after the pancake, created an extremely optimistic environment for cryptocurrencies, overturning the chances in favor of an ascending impulse.
X -ray levels of prices for viewing
The expert noted that the short -term bullish impulse is a critical development, since it confirms bull dominance and sets XRP to the course to re -conduct a significant level of prices.
The first goal for the XRP is $ 2.70, which is a re -testing of its last high maximum. If the bull impulse remains, Santana expects that $ 2.90 can also enter the game. Ultimately, this goal can push the asset to the desired mark for $ 3.
“The gap of the upper resistance of the template indicates the advance to the last maximum, that is, at least 2.7 dollars. This can become higher and $ 2.9. <…> A bull -free breakthrough is now confirmed, ”the expert said.
On the other hand, for the possibility of new records, analysis Cryptoinsightuk In the message X on January 12, he allocated $ 2.61 as a critical price for viewing.
If the XRP closes above this level, its ascending trajectory can be fixed. This closure signals stable bull moods and strengthen the case for further profit in the coming weeks.
At the same time, according to Finbold, another pseudonymous analyst, Great MattsbyHe predicted that XRP was “a few days later” from another record breakthrough. This projection is based on the short -term technical force of XRP.
Indeed, this bull prospect is reinforced by token whales accumulated by XRP, a significant development of the asset associated with the pulse.
XRP also encounters several bulls, which can stimulate price increases. For example, the community expects a long -standing legal struggle between Ripple and the Securities and Exchange Commission (SEC). This expectation intensified due to the nomination of the elected President Donald Trump on the crypto-friendly field of Atkins in order to replace the outgoing SEC chairman Gary Gensler.
In addition, the growing expectation is growing that the new SEC administration will probably consider the approval of the Spot Exhly Track Foundation (ETF). In this line, Nate Gerachi, an analyst at ETF, predicted that the product will probably be approved this year.
XRP retains a strong position above its 50-day simple sliding average price (SMA) $ 2.5 and 200-day SMA in the amount of $ 0.97, which signals a stable ascending trend.
In order for XRP to support its current impulse, investors must monitor how the asset interacts with the level of $ 2.50. Sustainable benefits above this mark can signal the continuation of the ascending trend, while the inability to retain higher, this may indicate a change.
Shown image through Shutterstock