New analysis of the XRP, which follows a wavy course in the crypto currency market, has been revealed. According to experts, the XRP carries a strong rise potential in the current cycle, which is expected to move the price to double -digit levels. Technical analyzes, especially in July, indicates that price movements are supported by certain indicators. Investors should closely follow both technical signals and market structure.
Cyclic summit for XRP points to July 21st
Crypto currency analyst Ekrag Crypto suggested that the XRP price can reach the summit around 21 July. Analyst pointed out the importance of 21 -week exponential moving average (EMA) in his analyzes and that this indicator plays a decisive role in price movements. According to Ekrag, the price is approaching to the summit on a cyclic way as it progresses to double -digit levels.
In addition, the analyst, based on past price movements, the XRP last return process lasted 147 days, then the summit was reached within 21 days reminded. If this pattern repeats, it is considered that July may be a critical threshold for XRP. However, the possibility that the loop summit can be shifted by 9 November 2025 if the 110 -day offset continues.
Technical indicators give signals that support this scenario. In particular, medium -term averages and volume analyzes indicate that a rising tendency continues. However, the analyst emphasizes that investors should take into account possible deviations.
Elliott Wave Analysis: Resistance points become apparent
Casitrades, another name that shares technical analysis, says that XRP can follow a wavy course in the short term. However, according to the analyst, the price of 0.786 Fibonacci correction level was a significant support. This was interpreted as XRP can be prepared for a new wave of rise.
Casitrades, XRP’s sub -wave structures have become more compatible with the large Elliott wave count. This technical development is evaluated as the end of previous decline tendencies and a new rise acceleration has begun. The analyst emphasizes that the levels of $ 2.70, 3.05 and $ 3.80 have strong resistance zones, while a hard movement can be triggered if these levels are exceeded.
According to the wave structure analysis, the XRP is expected to increase upward acceleration in the medium term. However, in such scenarios, it is stated that volume support plays a critical role and investors should take a position taking into account the liquidity levels. It should be remembered that market psychology will be effective on the price as well as technical structure.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
