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Cryptocurrency News Articles
The XRP chart is becoming active again. Some analysts believe the price is near a key point.
Apr 18, 2025 at 03:00 am
This level may decide if XRP jumps fast or pulls back. The main price goals are clear — $7.50, $13, and even $27.
Some analysts believe that XRP is approaching a make-or-break level, which could determine if the price trends higher or pulls back further first.
This level is at $1.85, and if the price drops below that zone, the next strong support may not arrive until $1.30.
On the other hand, if XRP manages to stay above $2.30-$2.50 in the next few days, it could pave the path for a swift recovery.
Recently, the Kangaroo setup pattern appeared again on the XRP chart. This pattern previously emerged in October 2017, shortly before XRP experienced a surge of over 1,500%.
At the time, the token was priced at 0.2166, and afterward, it rallied to $7.30, as shown in the chart above.
If the same pattern repeats now, it suggests that the next main stops could be at $7.50, $13, and even $27.
However, a Fibonacci indicator specialist has a different view, placing the short-term goal at $7.45, which he believes could be reached within 14 days.
Once that level is crossed, activity on the XRP Ledger could exceed $1.19 trillion.
One factor contributing to the buzz is the CTF token, a new project developed on the XRPL. It’s a DeFi token with a limited supply.
According to one analyst, CTF could rise from $0.28 to $48.50 if it gains enough attention in the market.
Moreover, a significant token burn of 1 million coins is scheduled for May 3rd, which could reduce the total supply and potentially drive the price upward.
As interest in the XRP Ledger grows, it might also help XRP gain more traction.
For growth-minded holders, that same excitement around Ripple is pushing them to explore early-stage projects with strong fundamentals and untapped potential.
But markets are rough. Presales are folding left and right. But one token keeps grinding forward: Minotaurus (MTAUR).
Minotaurus is still under active development, and its token already runs on a usable platform. Priced at 0.0001096 USDT, MTAUR grants access, upgrades, and customizations within the ecosystem.
This isn’t another project with a dusty roadmap. It’s a token that keeps moving when the rest stall.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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