Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»XRP Weekly Forecast: Why Traders Should Brace for a 20% Surge
ALTCOIN NEWS

XRP Weekly Forecast: Why Traders Should Brace for a 20% Surge

By Crypto FlexsJuly 21, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
XRP Weekly Forecast: Why Traders Should Brace for a 20% Surge
Share
Facebook Twitter LinkedIn Pinterest Email
  • XRP is showing a strong bullish bias on the daily chart, and swing traders may look to enter long positions.
  • In the short term, some degree of consolidation is likely to occur over the next 12-24 hours.

Ripple (XRP) has seen a sharp increase in transactions. This may be due to the increase in micropayment transactions that are widespread on the XRP Ledger. Transaction volumes have also been high.

In South Korea, XRP’s 24-hour volume was higher than Bitcoin (BTC) on July 17. Moreover, the bulls defended the previous resistance level as support, setting the stage for another impulsive uptrend.

XRP bulls, ready for 20% rally

Source: XRP/USDT on TradingView

The market structure on the daily chart was solidly bullish. The mid-range mark of $0.585 flipped into support. Also, OBV broke through the May local high, signaling strong buying pressure during the price rally.

The RSI also showed bullish momentum, well above the neutral 50 level. In the current situation, XRP could rise to the range high of $0.71.

On Friday, July 19, XRP fell south to $0.54 before bouncing back above $0.59. The inference is that $0.54, the previous range high (yellow), and $0.585 are expected to act as support levels in the coming days.

After the move to $0.635, such a large decline would have liquidated any long or late bull positions that were too heavily leveraged. This would have set the price up for a more sustainable upside.

Measuring how the gift market is developing

XRP Liquidation LevelsXRP Liquidation Levels

Source: Highblock

According to AMBCrypto’s liquidation level analysis, traders can expect the token price to spend more time consolidating around the $0.59 level. Cumulative liquidation levels were slightly negative.


Read our Ripple(XRP) Price Prediction 2024-25


The short-term liq levels were not overwhelmingly bullish or bearish. This could change during Monday’s trading session.

According to market sentiment on Monday, $0.567 and $0.638 are levels where a bullish or bearish reversal could begin, respectively.

Disclaimer: The information presented does not constitute financial, investment, trading or any other type of advice and is solely the opinion of the author.

Next: Bitcoin’s Biggest Question: Is the Post-Halving BTC Rally Still Happening?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Defi Surges, BTC Swings & Tradfi faces freezing: Daily encryption failure

August 28, 2025

Keepsolid launches KS COIN: Loyalty encryption through actual utility token benefits

August 14, 2025

XRP struggles for $ 3: Do Whale Offroads attract it lower?

August 7, 2025
Add A Comment

Comments are closed.

Recent Posts

WorldShards Announces Partnership With ByBit And TGE Date

September 1, 2025

EcoSync & CarbonCore Launch Full Stages Refi Infrastructure Linking Carbon Credits With Web3

September 1, 2025

NFT sales in August increased 2.78% in July 2025

September 1, 2025

Bitcoin Price Posts for 5 consecutive August losses: Will Michael Saylor react?

August 31, 2025

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

BNB price forecast: Target $ 890- $ 900 in September 2025.

August 31, 2025

After BTS Star Jungkook has 39 billion hacking, South Korea will crack down on encryption fraud.

August 30, 2025

FY Energy Offers Industry-leading Cloud Computing Systems, Offering Opportunities For Daily Passive Income Of $7,580 Through Mining.

August 30, 2025

Four coins to be purchased as decisions for five branch XRP ETFs will be pushed until October.

August 30, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

WorldShards Announces Partnership With ByBit And TGE Date

September 1, 2025

EcoSync & CarbonCore Launch Full Stages Refi Infrastructure Linking Carbon Credits With Web3

September 1, 2025

NFT sales in August increased 2.78% in July 2025

September 1, 2025
Most Popular

A Bloomberg analyst said cryptocurrencies will see a boom in 2024.

November 25, 2023

Low-users, sex offenders are killing the Korean metaverse, 3AC sues Terra: Asia Express

August 16, 2024

MakerDAO dominates Ethereum lending with 52% market share.

March 7, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

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