XRP Outlook – What to Watch Next
XRP is still coiling inside the ascending triangle with key resistance at $2.65. A confirmed 4H candle close above $2.65 with rising volume could trigger a breakout toward $2.72, $2.84, and potentially $3.35.
If price breaks below the trendline, watch support at $2.44 and the golden zone around $2.30 for possible re-entries.
Volume is the key — no breakout happens without it. Keep an eye on the triangle apex as we approach it.
Scenario 1: Standard Breakout – Wave 3 Unfolds (Most Likely)
• Trigger: 4H or 1D close above $2.65 with volume surge
• Progression:
• $2.72 (minor resistance / psychological level)
• $2.84 (Fib 0.618)
• $3.35 (Wave 1 extension match)
• $3.99–$4.39 (1.618–2.0 extension of Wave 1)
• Timeline: This could happen in 10–21 days, with fast moves once $3.00 is cleared
• What to Watch: RSI entering 75–85 zone, followed by volume cooling at targets (TP zones)
⸻
Scenario 2: Shallow Pullback, Delayed Breakout
• Trigger: Small rejection at $2.65, triangle holds
• Action: Price dips back to $2.48–$2.44, finds support, builds a new base
• Outcome: Another squeeze toward $2.65+, eventually breaks by late May
• Timeline: Slower grind, breakout could occur around May 20–25
⸻
Scenario 3: Deep Retest Before Blastoff
• Trigger: Triangle breaks down, sentiment dips
• Action: XRP pulls back to $2.30 or even $2.13–$2.20 (EMA 200 area)
• Outcome: Strong bounce forms Wave 2 low — then Wave 3 initiates from a deeper base
• Upside still intact, just a cleaner setup for large players
• Timeline: 2–3 week base, followed by sharp breakout in late May/early June
⸻
Scenario 4: Immediate Parabolic Spike (Low Probability, High Reward)
• Trigger: Breakout + major catalyst (BTC dominance drop, Ripple news, SEC headline)
• Action: XRP surges straight through $2.65 → $3.00 → $3.50 → $5.00+
• Outcome: Blow-off Wave 3 in under 2–3 weeks
• Watch for: RSI over 90, unsustainable vertical moves, volume going exponential
• Timeline: Rapid — all within 10–14 days max
XRP is still coiling inside the ascending triangle with key resistance at $2.65. A confirmed 4H candle close above $2.65 with rising volume could trigger a breakout toward $2.72, $2.84, and potentially $3.35.
If price breaks below the trendline, watch support at $2.44 and the golden zone around $2.30 for possible re-entries.
Volume is the key — no breakout happens without it. Keep an eye on the triangle apex as we approach it.
Scenario 1: Standard Breakout – Wave 3 Unfolds (Most Likely)
• Trigger: 4H or 1D close above $2.65 with volume surge
• Progression:
• $2.72 (minor resistance / psychological level)
• $2.84 (Fib 0.618)
• $3.35 (Wave 1 extension match)
• $3.99–$4.39 (1.618–2.0 extension of Wave 1)
• Timeline: This could happen in 10–21 days, with fast moves once $3.00 is cleared
• What to Watch: RSI entering 75–85 zone, followed by volume cooling at targets (TP zones)
⸻
Scenario 2: Shallow Pullback, Delayed Breakout
• Trigger: Small rejection at $2.65, triangle holds
• Action: Price dips back to $2.48–$2.44, finds support, builds a new base
• Outcome: Another squeeze toward $2.65+, eventually breaks by late May
• Timeline: Slower grind, breakout could occur around May 20–25
⸻
Scenario 3: Deep Retest Before Blastoff
• Trigger: Triangle breaks down, sentiment dips
• Action: XRP pulls back to $2.30 or even $2.13–$2.20 (EMA 200 area)
• Outcome: Strong bounce forms Wave 2 low — then Wave 3 initiates from a deeper base
• Upside still intact, just a cleaner setup for large players
• Timeline: 2–3 week base, followed by sharp breakout in late May/early June
⸻
Scenario 4: Immediate Parabolic Spike (Low Probability, High Reward)
• Trigger: Breakout + major catalyst (BTC dominance drop, Ripple news, SEC headline)
• Action: XRP surges straight through $2.65 → $3.00 → $3.50 → $5.00+
• Outcome: Blow-off Wave 3 in under 2–3 weeks
• Watch for: RSI over 90, unsustainable vertical moves, volume going exponential
• Timeline: Rapid — all within 10–14 days max
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.