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Cryptocurrency News Articles
After the Market Rebound, XRP Price Is Doing Incredibly Well
May 12, 2025 at 05:30 pm
The XRP price, while still being well below its all-time high price, is doing incredibly well after the market rebound.
The price of XRP is still massively outperforming Bitcoin and Ethereum despite the recent crypto market crash, according to a new post. This comes as crypto analysts in the community have been predicting and calling for higher prices, expecting XRP to keep outperforming the heavy-hitters.
Pro-XRP lawyer Bill Morgan took to X to share an important update about the recent XRP price performance. The screenshot shared in the X post showed that when compared to Bitcoin and Ethereum, XRP has performed exceptionally well.
The XRPUSDT pair showed XRP was up 9.96% in the last week at the time of the post. In contrast, the XRP/BTC pair showed a1.18% increase in seven days and 1.50% increase in 24 hours. Then when compared to Ethereum, the numbers were even worse. The XRP/ETH pair showed a 20.73% crash in seven days, while the 24-hour performance showed a 5.18% decrease.
This strange signal says a blowout is coming. $XRP has been making smaller and smaller candlesticks as the price went up. The implication is that we are getting closer to the apex and the price increase is about to stall. From December to January, the upper peaks of the candles grew bigger and bigger as the price went up. The same thing happened in January to April. But now we are seeing the opposite. As the market was bearish, prices were moving down with force. Now the market is bullish confirmed because when resistance is hit, there is no bearish force, no bearish action no bearish momentum; just consolidation before additional growth. As the market was bearish, the price decreased in an orderly fashion with a 50-day moving average as support. Now the 50-day moving average is acting as resistance. There is no bearish action, just a lack of bullish follow-through after the price hit the 50-day moving average. After the last touch of the 50-day moving average, the MACD also turned bearish. Together, these two technical indicators suggest that the current leg of the bull market may be over. If the price moves above the 50-day moving average, it will confirm a new leg of the bull market and signal that the TRON price may continue to rise.
The post pointed out a ‘strange signal’ that has been forming on the XRP price chart. This signals comes with the rapid changes in candle formation on the price chart through the bear and bull cycles. This candle formation refers to the volatility and price swings experienced by the altcoin each time.
The first one the crypto analyst points out is the fact that back in December 2024, XRP was forming big candles with the peaks at the beginning of the month. This continues even when the price turns and began going downwards.
Then again, in the middle of January 2025, the same thing happens as the candles grow bigger when the price peaks again. They continue on into April as XRP continues to struggle through high volatility and rapid price swings.
However, it seems the trend in candle formation had begun to change as volatility and price swings fell. From mid-April toward the end of the month, the crypto analyst explains that there are smaller candles while the price grows. As the volatility fell, the analyst notes that XRP moved low but never made a new low, calling this a bullish signal.
“When the market was bearish, prices were moving down with force,” MasterAnanda wrote.
“Now the market is bullish confirmed because when resistance is hit, there is no bearish force, no bearish action no bearish momentum; just consolidation before additional growth.”
If this bullish signal plays out, then, going by the analyst’s chart, the XRP price could be looking at a rally toward $3.6. This would be an over 50% jump in price from the current level and perhaps push it toward new all-time highs.
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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