pinetwork

Is XRP about to explode? The objective of $ 17.5 becomes more real, say the main analysts!

XRP ready to explode? Graphics patterns and network activity activate $ 17.50 price prediction


XRP, one of the most controversial but fundamentally strong altcoins, is once again in the center of attention. After months of lateral consolidation and skepticism, the technical indicators and the data in the chain are now pointing out that this digital asset could be preparing for its greater break in years.

Promoted by a triangle formation of almost a year, an increase in active wallet addresses and the upward feeling of the main analysts, the forecast for XRP to reach $ 17.50 is no longer just a dream. The period between July and September could be a defining chapter for the future of Ripple.

Hokanews offers news, analysis and global encryption ideas. Covering Blockchain, Defi, NFT and digital finance technology trends for investors and enthusiasts around the world.
Source: Egra Crypto

Breakout of the XRP triangle: time and technical precision

An outstanding technical vision comes from the cryptographic analyst Egrag cryptwho published a convincing update in X (previously Twitter). According to him, XRP is completing a triangle formation that often indicates powerful outbreaks when approaching 75% to 95% of the pattern’s duration.

“The outbreaks of the triangles formations generally occur between 75% and 95% of the complete pattern timeline.”

In the case of XRP, the Triangle Abarca 334 daysthat translates as:

This moment creates a high alert window for merchants and investors, since historical patterns suggest that the most likely breakdown could occur at any time in the coming months.

Source: TrainingView

Current market behavior: XRP Flashing Green

At the time of writing, XRP is quoting $ 2.180.19% for the day. While the price movement is modest, the technical structure tells a more convincing story:

  • RSI (relative force index) is 82indicating overcompra conditions. You can follow a setback or a short lateral phase.

  • Macd It has just activated a Crossover Alcistapointing out the impulse up.

  • Bollinger bands Suggest that the price is bouncing towards the average range, often a prelude to stronger movements.

Even so, the key is in $ 2.32. A daily closure above this level could be the spark that lights the next important rally.

Source: x

Key levels to see

From a technical point of view, these resistance zones are critical for the next XRP movement:

If XRP can close up $ 2.32 In the daily table, the impulse will probably swing completely. However, a failure to do so, especially a breakdown below $ 2.04 – You could delay or invalidate the rupture scenario completely.

With the predicted break window between July and mid -SeptemberThis is a crucial moment for merchants seeking the confirmation of the next important trend.

Ali Martinez Reports: XRP network activity increases

Analyst in the chain Ali Martínez More fuel was added to the fire. According to your recent update, XRP has exceeded 1.12 million active wallet addresses in a single week – One of the highest levels ever registered.

This type of user behavior rarely occurs during lateral markets. Typically point accumulation, transaction peakseither Increased network activity – All of which tends to precede large price movements.

This is aligned with both technical signals and the XRP Crypto News today, reinforcing the idea that XRP’s foundations and graphics are finally moving synchronized.

XRP price prediction: Is $ 17.50 realistic or simply exaggerated?

While many analysts predict that XRP reaches $ 3 to $ 5 in the next cycle, Egrag crypt has a more ambitious model, predicting $ 17.50.

Skeptical? That is understandable. But XRP once emerged from $ 0.22 to $ 3.84 In 2018, a reminder of how explosive this Altcoin can be in the right conditions.

This time, the environment is possibly stronger:

  • Greater than regulatory clarity After Ripple’s partial victory against the SEC

  • Institutional interest and associations

  • Adoption of the real world through Ripplenet and ODL (liquidity on request)

Compared to historical price movements, the objective of $ 17.50 is not only speculation, but is based on Technical configurations Measures and market psychology. Even hitting $ 5 It could be the first step to validate such a long -term bullish scenario.

Source: x

Final thoughts: Is the expected moment of this XRP?

From the configuration of the graphics and upward indicators to the growing activity of the network and the optimism of the analyst, the signs are being aligned. But as with everything in crypto Nothing is guaranteed.

He The next few weeksespecially between July and SeptemberIt could be a renewal period for Trajectory 2025 of XRP. Is this the long -awaited return to the maximum of all time? Or another false alarm?

One thing is clear: This is not the time to look the other way. With each candle, each increase in the negotiation volume, the case for a large XRP rupture becomes more difficult to dismiss.

Writer

@Ellena

Ellena is an experienced cryptographic writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides information about the latest trends and innovations in the currency space.

See other news and articles on Google News

Discharge of responsibility:

The articles published in Hokanews are intended to provide updated information on various topics, including cryptocurrency and technology news. The content on our site is not intended to be an invitation to buy, sell or invest in any asset. We encourage readers to conduct their own research and evaluation before making an investment or financial decision.

Hokanews is not responsible for any loss or damage that may arise from the use of the information provided on this site. Investment decisions must be based on an exhaustive investigation and advice of qualified financial advisors. Information about Hokanews can change without prior notice, and we do not guarantee the precision or integrity of the published content.

Exit mobile version