Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,551)
  • Analysis (1,730)
  • Bitcoin (2,317)
  • Blockchain (1,383)
  • DeFi (1,616)
  • Ethereum (1,571)
  • Event (58)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,657)
  • Press Releases (3)
  • Reddit (970)
  • Regulation (1,548)
  • Security (2,199)
  • Thought Leadership (3)
  • Videos (41)
Hand picked
  • Arizona, Texas and Utah have named “pioneers” of blockchain policy in the United States
  • House cryptography bills despite Trump’s intervention while republican divisions persist
  • Privix redefine web3 with the first EVM compatible blockchain ecosystem entirely private
  • The circle is lowering in crypto stocks after the procedural voting blocks of the house
  • Ethereum News: Ethereum becomes a business cash flow asset for technological companies
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Analysis»“ EnNAging as hell ” – The analyst predicts that XRP will plant 30%
Analysis

“ EnNAging as hell ” – The analyst predicts that XRP will plant 30%

May 1, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
Gemini generated image wu1a6fwu1a6fwu1a.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


XRP fell below $ 2.30 this week, destroying all the gains recorded during the short -term rally last week. The cryptocurrency, which increased by $ 2.06 to $ 2.06 by $ 2.06 last week, has now lost 3.5% compared to the opening price on Monday and 7% compared to its weekly summit of $ 2.36.

Market experts provide that the potential of 30% drops to $ 1.55

Cryptocurrency analyst, Block Bull, plans that XRP could go much deeper in the near future. From the post of April 29 of the analyst, XRP could not break the level of resistance at the top of a Taurus flag model on daily cards.

This technical failure can push the price to $ 1.55, which would be “boring like hell”, according to Block Bull – a 30% drop in the top of the model – and 28.6% of the current levels.

Block Bull informed subscribers This drop in the possible price would be brief and could prove to be the perfect entry point for investors. The analyst has suggested that large fund players tend to use such slowdowns on the markets to accumulate assets at negotiation rates.

Likely $ XRP will fall by 30% with $ XLM that I have just published.

The bottom of the bull flag and the FIB level will be an excellent entry

$ 1.55 (boring like hell)

Bleed the average guy and that is why the rich are enriched because they are the only ones capable of affording Hodl pic.twitter.com/pg3:30

– 📈Block the bull📈 (@Theblockbull) April 29, 2025

XRP not alone because Bitcoin and Ethereum also have trouble

The drop pressure on XRP complies with lower trends in major cryptocurrencies as a whole. Bitcoin is struggling to stay above the $ 95,000 threshold while Ethereum fell below $ 1,800. That it is a market scale correction and not a specific XRP problem is indicated.

A competing analysis provides more optimistic forecasts

All those who look at the market do not see the dismal perspectives. Others have noted that while decreasing 6% in two days from $ 2.28 to $ 2.14, XRP was able to stay above important levels of support on shorter deadlines.

They said that if XRP could have a support at $ 2.14, the price can bounce at $ 2.24 or more in a short time. More positive predictions even indicate that XRP could reach $ 5 in a month, a new summit of all time for cryptocurrency.

Liquidation data show market imbalance

Meanwhile, the latest Corcinlass trade statistics indicate a shocking disparity in market positions. Within 24 hours, nearly $ 14 million in long positions (Paris on the price increase) were liquidated, while only $ 1.48 million in exposed positions were sold.

This difference of almost 1000% indicates that the majority of traders placed bets on price increases when the market began to decline.

The sudden sale of such a large number of long positions had a cascade effect, lowering prices even faster. Open interests also decreased by 4%, indicating that traders ended in the form of uncertainty supports.

Since the most recent negotiation figures, XRP has been $ 2.20, down 1.14% since the start of the day. Investors now have contradictory messages concerning the opportunity to anticipate additional declines or perhaps a possible rebound in the coming days.

Felash star image, tradingView graphic





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleComtex | API Distribution and news of the press release
Next Article Visa unveils Stablecoin payment options in Six Latin American nations

Related Posts

Analysis

House cryptography bills despite Trump’s intervention while republican divisions persist

July 16, 2025
Analysis

XRP becomes the top 3 crypto after the approval of Proshares ETF, can it return ETH?

July 16, 2025
Analysis

Explore a new path to the scalability of the blockchain through an architecture based on DAG

July 16, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Internet Computer Launches the World Computer Hacker League: A Global Stage for Web3 Innovators

July 15, 2025

July 2025 – The Internet Computer Protocol (ICP), in collaboration with the global ICP Hubs…

Press Releases

Istanbul Blockchain Week 2025 Breaks Records, Blending Web3, AI & Real-World Assets

July 14, 2025

Istanbul, Türkiye – July 2025 – Istanbul Blockchain Week 2025, hosted by EAK Digital, wrapped…

1 2 3 … 50 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

Arizona, Texas and Utah have named “pioneers” of blockchain policy in the United States

July 16, 2025

The analyst predicts more rallies for two of the most “strongest” memes, indicates more Altcoin explosions

July 16, 2025

The EU sanctions the Moldova Crypto A7 platform on the interference of the elections and the sanctions bypass

July 16, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 118,726.81
ethereum
Ethereum (ETH) $ 3,361.38
xrp
XRP (XRP) $ 3.05
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 710.62
solana
Solana (SOL) $ 173.78
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.214682
staked-ether
Lido Staked Ether (STETH) $ 3,353.35
tron
TRON (TRX) $ 0.308862