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reversal

XRP trend reversal likely, could rally in double-digits

by admin May 30, 2025

XRP price is down 2% on the day and nearly 9% over the past seven days, extending its losing streak. The altcoin’s decline has been influenced by legal uncertainty in the Securities and Exchange Commission’s lawsuit against Ripple and the $50 million settlement figure. Bitcoin’s ongoing consolidation may also be contributing to indecisiveness among traders.

XRP price forecast

XRP is currently consolidating under the $2.36 level, which previously acted as key support. Technical indicators on the daily chart, specifically the RSI and MACD, support a bearish outlook for the XRPLedger’s native token.

XRP is currently 7.33% above its key support S1 at $2.0350, the 23.6% Fibonacci retracement of the decline from its 2025 peak of $3.4000 to the April low of $1.6134.

A 14% rally could see XRP test resistance at $2.5067, the 50% Fibonacci retracement of the drop from the 2025 peak.

XRP/USDT daily price chart | Source: Crypto.news

Conversely, a 7.33% decline could send XRP to collect liquidity at $2.0350. If XRP gathers momentum, a recovery is likely once it sweeps liquidity at the support level.

The weekly price chart shows mixed signals. RSI is close to neutral while MACD flashes red histogram bars. XRP could either extend consolidation or break out, depending on the catalysts. The FVG on the weekly price chart is a bullish one, between $2.1743 and $1.6300, meaning that once XRP collects liquidity here, it could attempt a recovery.

In its upward trend, XRP could test resistance at R1, R2, and the psychologically important levels of $2.5067, $2.8000, and $3, respectively.

XRP/USDT weekly price chart | Source: Crypto.news

XRP on-chain analysis

On-chain data from crypto intelligence tracker Santiment shows that among four segments of XRP holders, the retail or smaller wallet investors with balances of 10,000 to 100,000 and 1 million to 10 million XRP tokens have shown consistent accumulation in the last two weeks.

In the same timeframe, XRP wallets holding between 10 million and 100 million XRP and over 100 million XRP tokens have shed their tokens, likely realizing gains or rotating capital from XRP to stablecoins or other tokens.

This is typically not a bullish sign for the asset. However, if demand among segments holding smaller volumes is enough to absorb the selling pressure, it could prevent further decline in XRP price in the short term.

XRP supply distribution | Source: Santiment

Active addresses show a lack of participation from traders. Activity on the 24-hour timeframe is below average. The total number of holders has increased throughout 2025. However, consistent profit realization, as seen on the NPL metric, signals that selling pressure is piling up across exchange platforms.

Larger positive spikes in NPL can be considered a precursor to a sell-off in XRP.

XRP on-chain analysis | Source: Santiment

The Skull of Satoshi and XRP’s relationship with Bitcoin

Ripple CEO Brad Garlinghouse commented on the cross-border payment remittance firm’s donation of “the Skull of Satoshi,” an 11-foot-tall art installation by Benjamin Von Wong, a Canadian artist. Wong created the installation in collaboration with Greenpeace USA and unveiled it in March 2023.

Garlinghouse informed the XRP holder community on X that Ripple has donated the art piece to the Bitcoin community; it will be permanently on display at the Bitcoin Museum in Nashville.

While initially intended to critique Bitcoin’s power usage, the installation now represents the strength and adoption of BTC among corporates and retail investors, as miners shift to more sustainable alternatives over the years.

Garlinghouse shed light on the subject of similarities between Bitcoin and XRP and how the two cryptocurrencies have more in common than one may think.

The Skull of Satoshi was originally built to call attention to blockchain energy usage, and today it’s a symbol and reminder of Bitcoin’s incredible staying power to many around the world (including me!).

As crypto and blockchain technologies become widely used, respected and… https://t.co/BZfWui7xCF

— Brad Garlinghouse (@bgarlinghouse) May 28, 2025

Derivatives traders bet on XRP rally

Derivatives data platform Coinglass shows that traders on Binance and OKX are placing more bullish bets on XRP than bearish ones. Measured by the long/short ratio, the bullish sentiment could support a price gain thesis for XRP.

On Binance, the long/short ratio is 3.33; on OKX, it is 2.43. While there is a 10% decrease in open interest, options volume and options open interest soared in the last 24 hours.

XRP derivatives data analysis | Source: Coinglass

Corporate giant’s $121 million XRP bet

As seen in a press release on Wednesday, May 28, VivoPower International PLC (VVPR on Nasdaq) reached an agreement with certain investors for the purchase and sale of an aggregate of 20,000,000 ordinary shares of the company for approximately $121 million.

The raised funds will be directed toward the launch of an XRP-focused digital asset treasury strategy. This includes building finance applications on the XRPLedger ecosystem and acquiring XRP for the company’s treasury holdings.

VivoPower’s $121 million XRP bet is a unique one at a time when most Wall Street giants are acquiring Bitcoin for their balance sheets.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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May 30, 2025 0 comments

Crypto Trends

Bullish reversal pattern hints at explosive move

by admin May 27, 2025

XRP has developed one of the most powerful bullish reversal formations in technical analysis, the bump-and-run pattern. With price now retesting the trend line it recently broke above, a breakout run could be imminent.

XRP’s (XRP) recent price action has unfolded in a textbook bump-and-run reversal structure, a pattern known for signaling major bottoms before large bullish expansions. After breaking above a long-standing dynamic trend line, XRP has pulled back to retest it, a phase known as the “throwback.”

This moment is crucial, as a successful hold typically triggers the final “run” phase, historically associated with sharp upside moves. Technically, XRP remains in a strong position as long as this support holds.

Key technical points

Retest of trend line support in the throwback phase after a strong breakout
Multiple bullish candles confirmed above the trend line, shifting market structure
Pattern targets expansion if support holds, with potential for new all-time highs

XRPUSDT (1D) Chart, Source: TradingView

XRP is now in the throwback phase, a common technical retest of the trend line previously acting as resistance. The trend line is now serving as support, and price action has so far respected this level. This area is often where traders seek confirmation before a new leg higher.

The breakout itself was clear: XRP printed a sequence of strong green candles, decisively flipping structure and signaling a shift in trend momentum. Such a move often marks the transition from a bearish to a bullish market regime, a setup that historically supports continued upside when support is respected.

The structure of this bump-and-run follows the classic progression: a long period of resistance along the trend line, followed by a sharp “bump” below it, and now a return into strength. This formation strongly suggests that the accumulation phase may be over, and XRP is positioning for a breakout.

What to expect in the coming price action

As long as XRP holds above the trend line, the throwback phase remains valid. This sets the stage for the powerful “run” phase, a rapid, high-momentum move that could target new all-time highs in the coming weeks. A failure to hold support would invalidate the pattern, but for now, the technical bias remains firmly bullish.

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May 27, 2025 0 comments

Crypto Trends

Aptos price at range low support could spark major reversal toward $20

by admin May 24, 2025

Aptos is holding firm at a key long-term support zone near $3.20, a level that has historically preceded strong bullish reversals. A breakout above resistance could ignite a move toward $20.

Aptos (APT) is trading at the lower boundary of a large high time frame range, a zone that has historically acted as a strong support base. This range low, combined with the value area low, forms a technical confluence around the $3.20 region. Price action has respected this level multiple times since 2022, each time preceding a bullish rally toward the $19–$20 resistance zone.

The current structure suggests accumulation is underway, potentially setting the stage for a rounded bottom formation — a classic reversal setup. However, a break above the point of control (POC) is essential to confirm the start of an expansion phase. Until then, Aptos remains range-bound, but the context leans bullish.

Key technical points,

Major Support: $3.20 range low in confluence with the value area low
Key Resistance: Point of Control (POC) needs to be broken with volume
Target Resistance Zone: $19–$20, the long-term range high

APTUSDT (1D) Chart | Source: TradingView

From a structural perspective, Aptos is forming a rounded bottom, which often signals accumulation and the potential for reversal. As price curls up from the support zone, momentum is gradually building. The most critical level to monitor now is the point of control — a horizontal level of heavy volume that has historically acted as a ceiling for price.

A convincing breakout above the POC, backed by a spike in volume, would shift the current structure from consolidation into expansion. Historically, price has accelerated toward the $20 region shortly after breaking above this level. This same setup could be unfolding again, and as long as price holds the current $3.20 support, the probability of upside continuation increases.

Market context also shows that Aptos is trading within a clearly defined range, but with each touch of the lower boundary, bullish responses have followed. The pattern suggests that the current phase is more likely an accumulation rather than distribution, increasing the odds that the next major move will be to the upside.

What to expect in the coming price action

If Aptos continues to hold the $3.20 level and breaks above the point of control with volume, a move toward the $19–$20 range high is likely. Until then, expect consolidation with a bullish bias as accumulation continues beneath resistance.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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May 24, 2025 0 comments