Ripple recently broke past its previous major swing high of $2, maintaining strong upward momentum and nearing its all-time high of $3.4.<\/p>\n
This price zone is critical, as a breakout above it could ignite a substantial rally to unprecedented levels.<\/p>\n
By Shayan<\/a><\/p>\n After an extended accumulation phase within the $0.3\u2013$0.9 range, Ripple witnessed intensified buying pressure, triggering a powerful surge. The price soared approximately 490% from the lowest levels, reclaiming multiple key resistance levels, including the pivotal $2 mark. However, XRP now faces a significant supply zone around $3, where selling pressure could hinder further advances.<\/p>\n Additionally, the RSI indicates overbought conditions, suggesting a likely consolidation phase within the $2\u2013$3.4 range. This pause would allow the market to absorb selling pressure before buyers potentially mount a decisive attempt to break through this psychological resistance and set a new ATH.<\/a><\/p>\n On the 4-hour timeframe, XRP encountered strong resistance at the $3 region, triggering notable selling activity and a price rejection. This pullback signals a temporary loss of bullish momentum, possibly reflecting profit-taking and distribution among market participants.<\/p>\n Following the rejection, Ripple entered a consolidation phase, breaking below its multi-week ascending trendline. This development suggests increasing dominance of sellers and a likely corrective phase in the near term. Market volatility and fluctuations could intensify, with the $2 level acting as a critical support zone.<\/p>\n After this consolidation period, Ripple is expected to regain bullish traction, with another attempt to breach the $3 resistance likely on the horizon.<\/a><\/p>\n The post Ripple Price Analysis: Where Is XRP Headed Following Massive Crash and Swift Rebound?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Ripple recently broke past its previous major swing high of $2, maintaining strong upward momentum and nearing its all-time high of $3.4. This price zone is critical, as a breakout above it could ignite a substantial rally to unprecedented levels. XRP Analysis By Shayan The Weekly Chart After an extended accumulation phase within the $0.3\u2013$0.9 […]<\/p>\n","protected":false},"author":0,"featured_media":27639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27638","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\/27638"}],"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=27638"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/27639"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Weekly Chart<\/h3>\n
The 4-Hour Chart<\/h3>\n
![<\/a><\/p>\nThe 4-Hour Chart<\/h3>\nOn the 4-hour timeframe, XRP encountered strong resistance at the $3 region, triggering notable selling activity and a price rejection. This pullback signals a temporary loss of bullish momentum, possibly reflecting profit-taking and distribution among market participants.<\/p>\nFollowing the rejection, Ripple entered a consolidation phase, breaking below its multi-week ascending trendline. This development suggests increasing dominance of sellers and a likely corrective phase in the near term. Market volatility and fluctuations could intensify, with the $2 level acting as a critical support zone.<\/p>\nAfter this consolidation period, Ripple is expected to regain bullish traction, with another attempt to breach the $3 resistance likely on the horizon.<\/a><\/p>\nThe post Ripple Price Analysis: Where Is XRP Headed Following Massive Crash and Swift Rebound?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple recently broke past its previous major swing high of $2, maintaining strong upward momentum and nearing its all-time high of $3.4. This price zone is critical, as a breakout above it could ignite a substantial rally to unprecedented levels. XRP Analysis By Shayan The Weekly Chart After an extended accumulation phase within the $0.3\u2013$0.9 […]<\/p>\n","protected":false},"author":0,"featured_media":27639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27638","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\/27638"}],"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=27638"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/27639"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/XRP-W-2-scaled.jpg\"){kind=link}
![<\/a><\/p>\nThe post Ripple Price Analysis: Where Is XRP Headed Following Massive Crash and Swift Rebound?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Ripple recently broke past its previous major swing high of $2, maintaining strong upward momentum and nearing its all-time high of $3.4. This price zone is critical, as a breakout above it could ignite a substantial rally to unprecedented levels. XRP Analysis By Shayan The Weekly Chart After an extended accumulation phase within the $0.3\u2013$0.9 […]<\/p>\n","protected":false},"author":0,"featured_media":27639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27638","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\/27638"}],"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=27638"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/27638\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/27639"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2024\/12\/XRP-4H-2-scaled.jpg\"){kind=link}