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Cryptocurrency News Articles
XRP Price Prediction: Massive Rally Targeting $3.2 Level as Bullish Developments Unfold
Mar 17, 2025 at 10:00 pm
XRP's recent pullback might be approaching its end as bullish developments unfold on its chart. Seasoned market expert and trader Javon Marks has predicted a huge rally for the asset to higher levels in the short term.
At the beginning of 2025, XRP saw a significant upward performance, reaching as high as the $3.2 level in January. However, after witnessing a strong bullish performance, the altcoin has been faced with bearish conditions that have slowed down its growth.
Despite this setback, crypto analysts are predicting a potential end to the ongoing bearish trend as the asset targets a major upswing.
An Impending Massive Rally For XRP
Seasoned market expert and trader Javon Marks has predicted a huge rally for XRP to higher levels in the short term. In an X (formerly Twitter) post, he cited a previous trend, which hints at growing bullish momentum that could spark a significant upsurge.
With the broader crypto market coming under heightened pressure, this development showcases XRP’s robust resilience in the ongoing volatile period. According to the expert, the altcoin’s momentum oscillator, the Relative Strength Index (RSI), has undergone another bullish breakout.
The last time this happened, XRP saw an almost 6X growth in a roughly +470% surge after consolidating for a lengthy period.
suggesting that the asset’s buying strength has surged in recent times. Given that a similar trend has unfolded in the current price action, Javon Marks believes that the asset could mirror previous results. As a result, the expert predicts another monumental price surge in the upcoming days.
Considering past trends, the impending rally will push prices toward a new all-time high.
Another crypto expert and investor, Ali Martinez, has also outlined a bullish outlook for the altcoin. He predicted a move to unprecedented heights, like the $15 level, as key advancements in performance emerge, suggesting growing momentum.
Delving into recent price performance, Martinez revealed a massive chart formation, particularly the Symmetrical Triangle pattern on the weekly time frame.
Looking at the chart, this key pattern has been forming for about 7 years. A symmetrical triangle is a technical pattern that is characterized by two converging trendlines, which indicates that neither buyers nor sellers have a clear advantage in the market.
Martinez noted that XRP has recently broken out of the triangle on the upside with strength, setting up a potential leg-up to the $15 mark.
Is Now The Right Time To Purchase More Of The Token?
Even though XRP has faced significant downside movement, it may be an ideal time to purchase the token as analysts predict a price reversal.
In another X post, Martinez stated that now might be the right time to acquire the asset using the TD Sequential indicator. Examining the 1-hour chart, the TD Sequential indicator has flashed a buy signal, hinting at a possible shift to the upside.
With XRP’s recent breakout from the key triangle pattern and the TD sequential turning green, the asset’s likelihood of experiencing a rebound in the short term seems to have grown higher.
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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