Ripple has seen a slight rejection at the crucial $1.3 resistance, leading to a temporary period of consolidation. Nevertheless, a continuation of the corrective phase is expected for the short term, with the price\u2019s primary target being the $0.9 support region.<\/p>\n
By Shayan<\/p>\n
Ripple recently surged to test the critical $1.3 resistance zone, a level closely aligning with its prior all-time high. This price range is pivotal, as reclaiming it could open the path toward a new all-time high by year-end. However, the $1.3 level is also laden with selling pressure and supply, leading to a slight rejection.<\/p>\n
The rejection signals the start of a corrective consolidation phase as the market digests the recent impulsive rally.<\/p>\n
This correction is supported by the RSI indicator, which shows overbought conditions, reinforcing the expectation of a temporary retracement. For the short term, XRP is likely to consolidate within the $0.9-$1.3 range. This phase is necessary to prepare the market for the next potential bullish breakout while relieving overbought pressures.<\/p>\n
<\/a>Source: TradingView<\/p>\n On the 4-hour timeframe, Ripple\u2019s rejection at the $1.3 resistance is more pronounced, with the price entering a sideways consolidation characterized by minimal volatility. This phase is crucial for stabilizing the market and sustaining a long-term bullish structure.<\/p>\n The most likely scenario includes a deeper retracement toward the $0.9-$1.0 region, aligning with Ripple\u2019s prior swing highs and the critical 0.5 ($0.88) and 0.618 ($0.78) Fibonacci retracement levels. These levels act as robust support zones, providing a foundation for Ripple to resume its upward trajectory.<\/p>\n This corrective phase is essential for ensuring a healthy uptrend, mitigating the risk of overextension, and allowing Ripple to consolidate momentum before attempting to breach the $1.3 resistance and aim for new highs.<\/p>\n <\/a>Source: TradingView<\/p>\n The post Ripple Price Analysis: Is XRP on the Verge of a Massive Rally?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple has seen a slight rejection at the crucial $1.3 resistance, leading to a temporary period of consolidation. Nevertheless, a continuation of the corrective phase is expected for the short term, with the price\u2019s primary target being the $0.9 support region. XRP Price Analysis By Shayan The Daily Chart Ripple recently surged to test the […]<\/p>\n","protected":false},"author":0,"featured_media":22356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22355"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22355"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22356"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The 4-Hour Chart<\/h2>\n
![<\/a>Source: TradingView<\/p>\nThe 4-Hour Chart<\/h2>\nOn the 4-hour timeframe, Ripple\u2019s rejection at the $1.3 resistance is more pronounced, with the price entering a sideways consolidation characterized by minimal volatility. This phase is crucial for stabilizing the market and sustaining a long-term bullish structure.<\/p>\nThe most likely scenario includes a deeper retracement toward the $0.9-$1.0 region, aligning with Ripple\u2019s prior swing highs and the critical 0.5 ($0.88) and 0.618 ($0.78) Fibonacci retracement levels. These levels act as robust support zones, providing a foundation for Ripple to resume its upward trajectory.<\/p>\nThis corrective phase is essential for ensuring a healthy uptrend, mitigating the risk of overextension, and allowing Ripple to consolidate momentum before attempting to breach the $1.3 resistance and aim for new highs.<\/p>\n<\/a>Source: TradingView<\/p>\nThe post Ripple Price Analysis: Is XRP on the Verge of a Massive Rally?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple has seen a slight rejection at the crucial $1.3 resistance, leading to a temporary period of consolidation. Nevertheless, a continuation of the corrective phase is expected for the short term, with the price\u2019s primary target being the $0.9 support region. XRP Price Analysis By Shayan The Daily Chart Ripple recently surged to test the […]<\/p>\n","protected":false},"author":0,"featured_media":22356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22355"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22355"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22356"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/XRP-D-4-scaled.jpg\"){kind=link}
![<\/a>Source: TradingView<\/p>\nThe post Ripple Price Analysis: Is XRP on the Verge of a Massive Rally?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple has seen a slight rejection at the crucial $1.3 resistance, leading to a temporary period of consolidation. Nevertheless, a continuation of the corrective phase is expected for the short term, with the price\u2019s primary target being the $0.9 support region. XRP Price Analysis By Shayan The Daily Chart Ripple recently surged to test the […]<\/p>\n","protected":false},"author":0,"featured_media":22356,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-22355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22355"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22355"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/22355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/22356"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/11\/XRP-4H-4-scaled.jpg\"){kind=link}