No Result
View All Result
  • Login
Tuesday, June 23, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Cryptocurrency

XRP Is Setting Up For Its ‘Next Explosive Move’: Here’s The Target

by theadvisertimes.com
6 months ago
in Cryptocurrency
Reading Time: 4 mins read
A A
0
XRP Is Setting Up For Its ‘Next Explosive Move’: Here’s The Target
Share on FacebookShare on TwitterShare on LInkedIn


XRP is approaching a decision point across the monthly and daily charts, with renowned crypto analysts The Great Mattsby (Matt Hughes) and Charting Guy (@ChartingGuy) framing the current structure as a volatility-compression setup that could resolve higher if key high-timeframe supports continue to hold.

XRP Price Poised For ‘Explosive Move’

Mattsby’s core claim is that XRP has defended its long-term trend support and is now coiling for expansion. “XRP had a perfect bounce off the 20-month MA, while the upper and lower bands continue to contract—setting up for its next explosive move higher,” he wrote, adding: “It’s crazy how many people are bearish right at major high-time-frame support.”

XRP bounces off the 20-month MA | Source: X @matthughes13

On the monthly chart, XRP is shown trading around $2.08629, sitting above the Bollinger basis near 1.89623, with the upper band labeled at $3.57705 and the lower band at $0.21541. The visual takeaway is the squeeze: the band envelope has tightened materially compared with prior periods, a condition Mattsby ties to “explosive” directional follow-through when it resolves.

Related Reading: Jake Claver Doubles Down On $100 XRP Target After 2025 Miss

The other important input on that panel is the 20-month moving average, which Mattsby highlights as the pivot. His October framing leans on historical rhyme: “XRP is repeating what it did back in 2017. Consolidate sideways for months until it touched the 20month MA. After that, it shot up to finish off the cycle.” In his view, the touch-and-hold dynamic is already in place this cycle, even if it’s “taking a little longer.”

With the October 10 liquidation event, XRP pierced the 20-month moving average and has since consolidated above it. If that read holds, the most explicit upside reference on-chart is the monthly Bollinger upper band around $3.57705, a level that would represent a return to the top of the current volatility envelope rather than an open-ended projection.

Wyckoff-Style Re-Accumulation Points To $8

Charting Guy’s daily chart overlays a Wyckoff-style roadmap and labels the sequence as a re-accumulation that transitions into markup.

XRP Wyckoff roadmap
XRP Wyckoff roadmap | Source: X @ChartingGuy

The yellow projection assumes XRP is still working through overhead supply, with the ~$2.08 area (marked by the blue horizontal line and aligned with the current print) acting as the immediate gatekeeper. In that framing, $2.08 is not a comfort-zone support level yet; it is a level XRP needs to reclaim decisively and then stay above on retests for the bullish sequence to keep validating.

Related Reading

A second constraint on the chart is the descending channel, the “creek” structure that defined the current downtrend. Charting Guy expects that XRP will rally towards the upper trendline resistance, followed by a controlled pullback labeled “test,” where price checks whether demand is real and whether sellers can still force acceptance back into the old range.

If that test holds (another short-lived dip below $2.08 is fine), the roadmap then looks for an “LPS” (last point of support): a higher low that signals supply is being absorbed. Only after that does the yellow path call for “JATC” (jump across the creek), the clean breakout through the channel, followed by “SOS” (sign of strength) into the next major horizontal ceiling around ~$3.40. From there, the schematic expects another pause and “LPS” beneath that ~$3.40 zone, before the final markup leg accelerates into the ~$8 region.

In short, the chart’s bullish outcome is conditional on sequential level-flips: first $2.08, then the channel, then ~$3.40 and finally $8. Until now, XRP is “following perfectly” the path, as the analyst noted via X.

At press time, XRP traded at $2.13.

XRP price chart
XRP breaks back above the key red zone, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com



Source link

Tags: explosiveHeresMoveSettingTargetXRP
ShareTweetShare
Previous Post

Britain’s Royal Family is hiring a letter writer paying $43k based at Buckingham Palace

Next Post

Best high-yield savings interest rates today, January 5, 2026 (Earn up to 4% APY)

Related Posts

Key Hunters Eye .87M Bitcoin Puzzle as 916 BTC Sits Unsolved in 78 Addresses

Key Hunters Eye $58.87M Bitcoin Puzzle as 916 BTC Sits Unsolved in 78 Addresses

by theadvisertimes.com
June 23, 2026
0

Key TakeawaysThe Bitcoin Puzzle Challenge holds 916.52 BTC worth roughly $58.87M across 78 unsolved addresses as of June 2026.Puzzle 71...

EU Committee Advances Digital Euro CBDC Bill After Vote

EU Committee Advances Digital Euro CBDC Bill After Vote

by theadvisertimes.com
June 23, 2026
0

The creation of an EU-issued digital euro moved a step closer Tuesday after a key European Parliament committee vote.The EP's...

CZ Says Hyperliquid Found A No-KYC Niche Binance Cannot Touc

CZ Says Hyperliquid Found A No-KYC Niche Binance Cannot Touc

by theadvisertimes.com
June 23, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR CZ discussed Hyperliquid’s no-KYC model...

.5M DeFi vault pulled overnight: The wake-up call for traders chasing high yields

$8.5M DeFi vault pulled overnight: The wake-up call for traders chasing high yields

by theadvisertimes.com
June 22, 2026
0

A verification dispute at MainStreet triggered a broader confidence scare across yield-bearing stablecoin products, sending more than 8.5 million USDT...

Fed Chair Kevin Warsh Faces Congress On July 14 Amid Rate Hike Debate

Fed Chair Kevin Warsh Faces Congress On July 14 Amid Rate Hike Debate

by theadvisertimes.com
June 22, 2026
0

Federal Reserve Chair Kevin Warsh will make his first monetary policy presentation to Congress on July 14. The testimony comes...

Strategy Adds 0 Million To USD Reserve As Saylor Reports 520 BTC Buy

Strategy Adds $300 Million To USD Reserve As Saylor Reports 520 BTC Buy

by theadvisertimes.com
June 22, 2026
0

Strategy has added more Bitcoin to its treasury, but the bigger signal in Michael Saylor’s latest update may be the...

Next Post
Conversation, Interintellect, and Arcadia (with Anna Gát)

Conversation, Interintellect, and Arcadia (with Anna Gát)

Silver: Can 2025 Momentum Carry Into 2026 on Geopolitical Risks, Supply Deficits?

Silver: Can 2025 Momentum Carry Into 2026 on Geopolitical Risks, Supply Deficits?

  • Trending
  • Comments
  • Latest
Should You Offer a Concession to Get Your Apartment Leased Faster?

Should You Offer a Concession to Get Your Apartment Leased Faster?

June 15, 2026
6 Hotels Where Chase’s Points Boost Yields 2.5x

6 Hotels Where Chase’s Points Boost Yields 2.5x

May 22, 2026
Understanding risk remains a major investor blind spot: TIAA Institute

Understanding risk remains a major investor blind spot: TIAA Institute

June 5, 2026
Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast

June 2, 2026
Memorial Day 2026: Take Advantage of Food Freebies, Deals

Memorial Day 2026: Take Advantage of Food Freebies, Deals

May 23, 2026
9 Best Cheap Cell Phone Plans That Will Save You Money

9 Best Cheap Cell Phone Plans That Will Save You Money

June 3, 2026
U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran

U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran

0
The 2026 Wealth Window – Banyan Hill Publishing

The 2026 Wealth Window – Banyan Hill Publishing

0
The Human Trafficking Crisis Continues in America

The Human Trafficking Crisis Continues in America

0
The  GLP-1 Bridge: How to Get Affordable Weight-Loss Meds Starting July 1

The $50 GLP-1 Bridge: How to Get Affordable Weight-Loss Meds Starting July 1

0
Key Hunters Eye .87M Bitcoin Puzzle as 916 BTC Sits Unsolved in 78 Addresses

Key Hunters Eye $58.87M Bitcoin Puzzle as 916 BTC Sits Unsolved in 78 Addresses

0
A Detroit pension fund just sued Uber’s board for running a ‘serial compliance offender’ culture — and the math behind the lawsuit is what every gig-economy director should be reading tonight

A Detroit pension fund just sued Uber’s board for running a ‘serial compliance offender’ culture — and the math behind the lawsuit is what every gig-economy director should be reading tonight

0
Key Hunters Eye .87M Bitcoin Puzzle as 916 BTC Sits Unsolved in 78 Addresses

Key Hunters Eye $58.87M Bitcoin Puzzle as 916 BTC Sits Unsolved in 78 Addresses

June 23, 2026
U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran

U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran

June 23, 2026
The  GLP-1 Bridge: How to Get Affordable Weight-Loss Meds Starting July 1

The $50 GLP-1 Bridge: How to Get Affordable Weight-Loss Meds Starting July 1

June 23, 2026
The 2026 Wealth Window – Banyan Hill Publishing

The 2026 Wealth Window – Banyan Hill Publishing

June 23, 2026
The Human Trafficking Crisis Continues in America

The Human Trafficking Crisis Continues in America

June 23, 2026
Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

Pzena Focused Value Strategy Increased Skyworks Solutions (SWKS) on a Dip

June 23, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Key Hunters Eye $58.87M Bitcoin Puzzle as 916 BTC Sits Unsolved in 78 Addresses
  • U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
  • The $50 GLP-1 Bridge: How to Get Affordable Weight-Loss Meds Starting July 1
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.