Analyst Teases $7.50 XRP Moonshot But Only After A Final Flush
PositiveCryptocurrency

- Crypto analyst Charting Guy has identified a potential bullish setup for XRP, suggesting that the token is undergoing a Wyckoff reaccumulation phase. Despite a year of trading within a narrow range, XRP is currently priced around $2.23 after an 8-9% weekly gain, indicating a consolidation below its 2025 peak of approximately $3.317. Key Fibonacci levels have been established to support this analysis.
- This development is significant for XRP as it reflects a potential recovery trajectory amidst a volatile cryptocurrency market. The analyst's positive outlook contrasts with the recent fluctuations in XRP's price, suggesting that traders may find renewed confidence in the token's future performance.
- The broader cryptocurrency landscape shows mixed signals, with XRP's reserves on Binance hitting record lows and market participants closely watching key price corridors. While some analysts highlight bullish indicators, others caution against the prevailing selling pressure and uncertainty, indicating a complex market environment where investor sentiment remains fragile.
— via World Pulse Now AI Editorial System







