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Based on new chart data and simple price levels, some analysts say XRP might soon begin a big move. They point to possible targets of $6.50, $9.50, and even $12+, if the coin holds support and breaks above a key line.
After falling to $2.06, XRP is again approaching a key support zone. Some analysts believe that this could be the final dip before a large move in XRP, setting possible targets of $6.50, $9.50, and even $12+, if support holds and the coin breaks above a key line.
Chart: XRP May Be Setting Up For A Final Dip Before A Big Move
Right now, XRP is trading down slightly at $2.06. But chart analysts say this drop could complete Wave 2 of a common price pattern.
After falling from highs above $2.24, XRP found support at around $1.90 and $1.55. This is the lower Fibonacci level, which has been hit twice now.
Next, the price will need to break above the $2.24 resistance. For that to happen, XRP might make one last touch of the $1.90 support or the lower $1.55 zone.
If it then rises and manages to stay above the $2.24 zone, it may be ready for a large move. According to the chart setup and price levels:
If this happens, XRP could rise more than 1,500% from here. Chart analysts say that once this move starts, it shouldn’t take long. It could play out over a few days, not months.
Coin Whales May Be Quietly Setting Up For A Move As Interest In A Web3 Game Expands
While the prospects of Ripple may be instilling confidence in holders, some are turning away from mega-cap altcoins like XRP right now.
With these giants still enchained by regulatory battles or pacing through sideways channels, early-stage projects like Minotaurus (MTAUR) are the ones still making swift climbs—offering ample room for growth and boasting a tangible use case to spur on their ascent.
Priced at just 0.00010962 USDT, MTAUR has already completed a 175% leap from its starting point—and it hasn’t even listed yet. The current market cap? A mere 5.6 million USDT.
That's nearly insignificant in crypto terms, especially when juxtaposing it with XRP’s 100B+ valuation, and it implies that smaller capital inflows could generate substantial movement in the token.
The token’s purpose is also clear: it powers a mythology-themed Web3 game where users spend MTAUR to unlock new zones, purchase consumables, and gain access to unique content.
That’s real-world demand, not the promise of future utility like many new tokens.
Minotaurus also delivers in areas where other projects falter:
* Large caps are beginning to stall out. But if you’re looking for a runner, you want the one still gaining speed, not the one that’s already hit top speed and is slowing down.
* With new projects, there’s always the question of “too little, too late.” But if you’re going to pick a runner, pick the one still gaining speed.
The price line at $2.24 will be the most important level to watch. If XRP breaks and stays above it, a quick move to higher prices may follow. The chart setup shows that this could be the last dip before a big rise. As long as support near $1.55 holds and the market keeps moving, XRP may still reach the high targets by the end of April.
While Ripple is playing the long game, early-stage projects like Minotaurus (MTAUR) are drawing in those looking for fresh possibilities. Sometimes the best opportunities are the ones you find before the breakout, not after.
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!
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- Bitcoiner Samson Mow published a tweet, suggesting that even if top altcoins had a total coin supply similar to that of Bitcoin, BTC would still beat them in terms of price per coin.
- Apr 19, 2025 at 07:05 pm
- Mow stated that most altcoins are taking advantage of the so-called unit bias – a psychological effect which appears since due to their huge supplies of billions and sometimes even trillions on coins the price per one coin seems cheaper than that of one BTC.
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