Ah, XRP. Once again under the spotlight after its weekly candle decided to show a bit of optimism. At this very moment, the token dances around $2.62, like an indecisive dancer at a party, with a 24-hour trading volume that could almost pay off a small nation’s debt-$4 billion. A tiny dip today, but over the last week, it’s managed to scrape a decent 5% gain. Progress, perhaps? Or just another blip in the vast ocean of crypto volatility?
Everyone’s eyes are glued to the $2.70 level, the line that divides the hopeful from the hopeless. This price point has acted as a fortress of resistance. Can XRP break it down? Or is it another case of “close, but no cigar”? Only time will tell.
The Bullish Candle: A New Dawn or a Flicker in the Dark?
On the weekly chart, the mighty bullish engulfing candle has made its appearance. It’s as if the market has risen from the ashes of downtrends, saying, “Not today, bears!” This candle engulfs the body of the previous red one completely, a symbolic gesture that buyers might be starting to take the wheel. Momentum shift, or just a temporary illusion? Who knows.
But the focus is clear: $2.70. That magical level where bulls dream of running wild. A clean break above it, and we might be looking at a confirmed bullish trend. But if not? Well, let’s just say, don’t be surprised if we see a nice little “higher low” forming, because that’s what crypto does best-keep you on your toes.
“$XRP has printed a weekly bullish close with an engulfing candle. Breaking above $2.70 and staying above that level is the goal. A higher low could form if met with resistance. Reversal signals are printing. Great signs for continuation. Prepare yourself!”
– ChartNerd (@ChartNerdTA) October 27, 2025
It’s all too familiar-analysts are comparing XRP’s current price action to its 2017 breakout. Back then, the token broke above a long-term resistance block after what felt like an eternity of consolidation. Could this be a déjà vu moment? A similar structure is unfolding now, according to the multi-year charts. XRP’s journey from resistance to support is like a seasoned traveler who’s been to this town before, and guess what? He knows all the best spots.
Fibonacci extensions are also getting a workout, showing potential targets like $8, $13-$15, and $27. Long-range predictions based on XRP’s past movements. And yes, before you get all excited, this is crypto. Predictions are about as reliable as a weather forecast in the Sahara.
The Accumulation Game: A Slow and Steady Victory?
XRP has been wading through a rising channel since January. And recently, it tested the lower boundary, only to bounce back with the grace of a rubber ball. This happened near a key trendline support that has held steady for over 10 months. So, is this just another accumulation phase? Possibly. After all, good things-at least in the crypto world-take time to cook.
ChartNerd has his thoughts on it:
“XRP has no downside liquidity… at some point price will be pushed higher into the deep areas of liquidity.”
Translation? XRP might be ready to springboard into higher territory once demand shows up. And trust me, demand always shows up-when you least expect it.
The Institutional Shuffle: Is XRP Moving Up in the World?
The broader sentiment in the market is… well, let’s say “mixed.” Some traders are scratching their heads, wondering if the current move has legs, especially given the flurry of whale activity recently. But hey, a little chaos is just another day in the crypto jungle. What’s more interesting, though, is how buying interest surged after a round of negative social media sentiment. Apparently, when the bears speak, the bulls listen. Go figure.
In the world of corporate maneuvers, Ripple has been making some power plays. Just last week, it sealed the deal on its $1.25 billion acquisition of Hidden Road, now rebranded as Ripple Prime. And just like that, Ripple is now in the institutional brokerage game. A solid move, or just another play to keep the investors happy? Only time will tell.
For those eager to dive deeper into Ripple’s latest power moves, we’ve got more details-click here for the juicy gossip.
Read More
- ETC PREDICTION. ETC cryptocurrency
- AAVE PREDICTION. AAVE cryptocurrency
- SKY PREDICTION. SKY cryptocurrency
- GBP CHF PREDICTION
- CNY JPY PREDICTION
- USD CAD PREDICTION
- EUR GBP PREDICTION
- QNT PREDICTION. QNT cryptocurrency
- SOL PREDICTION. SOL cryptocurrency
- USD BGN PREDICTION
2025-10-27 16:21