🔍 XRP/USDT - New Surge or Last Spike? Full Market Overview on April 23, 2025.
In light of the recent movement of XRP, many traders are asking: are we on the verge of a new bullish cycle, or is this yet another false impulse before further decline? We analyze both scenarios - optimistic and pessimistic.
🚀 Bullish Scenario: Return to the Leaders?
After prolonged consolidation, XRP is showing a confident rise - +9.13% in the last 24 hours, trading at $2.2918. Trading volume exceeds 264 million, indicating active interest from market participants.
📈 Key arguments for growth:
A confident breakthrough of resistance at $2.20 with a consolidation above.
Formation of an "ascending triangle" structure.
Growth amid increasing volumes is a signal of the strength of the movement.
Upon breaking $2.48, the path opens to $2.76 and $3.05.
💬 What do the bulls say?
"XRP is forming a strong base and preparing for a breakthrough. The year 2025 could be pivotal!"
🟢 Potential target - $3.30+ with the development of the impulse.
🐻 Bearish Scenario: Does the Correction Continue?
Despite the short-term rise, the D1 chart indicates an overall downward trend. Each upward impulse so far has been accompanied by a quick pullback.
📉 Risk factors:
The price cannot confidently overcome resistance in the range of $2.30–$2.48.
The growth volumes do not reach the March highs.
The overall structure of the chart resembles a "bear flag."
🔻 Key support levels:
$2.09 is the nearest level.
Below are $1.91 and $1.63, which may be tested during a downward reversal.
💬 What do the bears say?
"Without a confident breakthrough at $2.50, the rise is nothing more than a correction in a bear market."
🧠 Conclusion: Trade wisely, share your thoughts.
The XRP market is in a key zone. Now is not the time for emotions, but for strategy: use stop-losses, control risks, and monitor volumes.
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