XRP Long-Term Consolidation Continues (New ATH In 2025)
The short-term is irrelevant, we can say. The short-term doesn't matter. XRPUSDT can drop short-term but the bigger picture and the long-term accumulation range based on the long-term rising trendline (black) is very likely to hold and continue. This means that XRP is bullish and now moving with the rest of the market.
XRP hit bottom in June 2022. It has been growing since. While we saw some bullish action in 2023, this is still considered part of the long-term accumulation phase, why? Because when the major full-blown bull-market happens, the action between June 2022 to present day (September 2024) will be dwarfed on the chart. It will basically disappear because of the height of the upcoming wave. Of course, this would be on the linear chart because the log chart makes it visible regardless.
We have 833 days of accumulation and this is as good as it can get. 833 days of accumulation with more than 1,650 days of higher lows. This is all pointing to a very strong bull-market next. The longer the consolidation/accumulation phase, the stronger the bullish wave that follows.
XRP looks good and continues to hold strong. Once the action breaks bullish, it will be up, up, up and more up.
Short-term, there will always be swings, retraces, shakeouts and corrections; the market never moves straight down nor straight up. But we are bullish now, bullish later, bullish yesterday while aiming up.
We continue bullish on XRPUSDT. New All-Time High in 2025.
Accumulation in 2024.
Namaste.
XRP hit bottom in June 2022. It has been growing since. While we saw some bullish action in 2023, this is still considered part of the long-term accumulation phase, why? Because when the major full-blown bull-market happens, the action between June 2022 to present day (September 2024) will be dwarfed on the chart. It will basically disappear because of the height of the upcoming wave. Of course, this would be on the linear chart because the log chart makes it visible regardless.
We have 833 days of accumulation and this is as good as it can get. 833 days of accumulation with more than 1,650 days of higher lows. This is all pointing to a very strong bull-market next. The longer the consolidation/accumulation phase, the stronger the bullish wave that follows.
XRP looks good and continues to hold strong. Once the action breaks bullish, it will be up, up, up and more up.
Short-term, there will always be swings, retraces, shakeouts and corrections; the market never moves straight down nor straight up. But we are bullish now, bullish later, bullish yesterday while aiming up.
We continue bullish on XRPUSDT. New All-Time High in 2025.
Accumulation in 2024.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.