XRPUSD H1 chart shows bullish reversal after forming a Double Bottom and breaking key resistance levels.
XRPUSD has shown signs of a bullish reversal after forming a Double Bottom at an intraday support level. A bullish engulfing candle at the second bounce, followed by a breakout above the Double Bottom’s resistance, suggests the cryptocurrency may continue its upward momentum in the near term.
Analysts note that XRP could be positioned for further gains, citing key support levels and potential market catalysts. Technical patterns, historical four-year cycles, and the potential approval of an XRP ETF are highlighted as factors that may shape both short- and long-term price movements.
Crypto analyst CoinsKid shared a technical analysis on YouTube, focusing on XRP and Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term. He highlighted a potential parabolic growth curve forming in certain altcoins Altcoins Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception, countless cryptos have been launched. Many of these have met varying levels of success, though few have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There are currently over 5,000 altcoins and this number seems to grow constantly. The leading altcoins as of May 2020 are Ethereum and Ripple.In terms of structure, altcoins c Altcoin is a term that describes any cryptocurrency that isn’t Bitcoin. Since Bitcoin’s inception, countless cryptos have been launched. Many of these have met varying levels of success, though few have risen to rival Bitcoin itself.Ether, XRP, Stellar, Monero, Ada, and Dash are a few examples of the more popular altcoins. There are currently over 5,000 altcoins and this number seems to grow constantly. The leading altcoins as of May 2020 are Ethereum and Ripple.In terms of structure, altcoins c Read this Term, suggesting significant upward movement could follow if the trend continues. CoinsKid noted XRP’s recent gains while holding key support levels and cautioned that a correction could occur before another upward leg.
“For XRP, if it can hold the medium range and we don’t fall below this key level support, XRP is gearing up for another run here,” he noted.
You may find it interesting at FinanceMagnates.com: Bitcoin Faces Drop; This Analyst Flags “Three Bars Down” Pattern for BTC Traders.
For Bitcoin, CoinsKid identified both bullish and bearish patterns on short- and medium-term charts. He pointed to technical indicators, including wedges, RSI, and support-resistance levels, as tools to anticipate potential market moves, noting that corrections could present buying opportunities for traders.
A cryptocurrency analyst on the YouTube channel YourPOP highlighted potential market gains for October 2025, citing historical four-year cycles. Despite a recent 5% weekly drop, XRP remains up around 400% year-to-date. The analyst noted the possible approval of an XRP ETF as a key factor, with betting markets indicating an 87% chance in October.
Oscar Ramos observed that XRP holders have remained resilient, with the asset trading near $2.70. Historical trends show weaker performance in September and stronger performance in October and November, with $2.70 noted as a potential buying level.
Discover Crypto noted that larger XRP allocations may have limited returns unless prices reach extreme levels, and technical indicators such as tightening Bollinger Bands in the XRP/BTC pair suggest potential for notable movement.
Analysts have provided varying projections: CoinsKid sees short-term support at $2.66 and a minimum upside of $4.13; Cilinix Crypto targets $3.07-$3.13 near-term, with $3.30 as longer-term resistance; DeepSeek AI expects $3.50-$5.00 by late 2025 and $8-$15 by 2030. Forecasts from James Crypto Space and Zack Rector suggest ranges up to $9 and $5-$15, respectively, all dependent on market conditions, regulations, and adoption trends.
