Analyst Says XRP Price Is Ready to SEND. Here’s the Significance

XRP appears poised for a potentially explosive move , with prominent crypto analyst Crypto Gordon signaling a major breakout on the horizon. In a recent post on X, Gordon drew attention to a tightening wedge formation on XRP’s daily chart, remarking, “The tighter the wedge, the more explosive the breakout. XRP is looking primed to SEND.” As the token trades around $2.18, this setup has stirred renewed interest and optimism among traders and analysts who see this as a crucial inflection point. The Wedge Pattern: A Ticking Time Bomb The technical structure highlighted by Gordon is a classic falling wedge, a pattern typically viewed as bullish when it appears after a rally. This pattern is characterized by a narrowing range between declining resistance and relatively steady support, creating a coil-like effect. As the wedge tightens, it signals that price volatility is compressing, often preceding a sharp breakout. XRP’s current wedge has been developing for several weeks, consolidating between $2.03 and $2.30. With each retest of support and resistance, the market has grown increasingly compressed, setting the stage for an imminent resolution. The tighter the wedge, the more explosive the breakout. $XRP is looking primed to SEND. pic.twitter.com/8NsNqCMVDL — Gordon (@AltcoinGordon) July 1, 2025 According to Gordon and other analysts, the longer this compression continues, the stronger the eventual breakout is likely to be. This theory is backed by historical price action across various assets that tend to behave similarly when trapped in such formations. Technical Indicators and Market Momentum Beyond the visible wedge, several indicators are aligning in favor of a bullish breakout . XRP’s relative strength index (RSI) remains in a neutral zone, suggesting there is still room for upside without the risk of being overbought. Momentum indicators like the MACD are also beginning to turn upward, hinting at a possible shift in sentiment. On-chain metrics further strengthen this outlook. Open interest on XRP derivatives has been rising, signaling increased trader activity and positioning ahead of a major move. Network activity is also climbing, with a noticeable uptick in daily active addresses and transaction volume, both of which point to growing engagement across the XRP Ledger. Whales have also been accumulating, a behavior often associated with the anticipation of positive price movement. These large holders tend to move early, adding credibility to the bullish thesis. Combined with relatively stable funding rates across major exchanges, the setup suggests a market leaning cautiously bullish rather than euphorically speculative. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 What’s at Stake: Key Price Levels and Market Reactions Should XRP break above the upper bound of its wedge near $2.30 with strong volume, analysts forecast a swift move toward the $2.70 to $3.00 range. This level marks both a psychological threshold and the upper boundary of the previous major resistance zone. A successful breakout could reignite long-dormant bullish momentum, pushing XRP into new multi-year highs. However, if XRP fails to hold above support near $2.03 and instead breaks down, the market could see a retracement toward the $1.70 region. Such a move would invalidate the bullish wedge and likely shake out overleveraged long positions. As always, volume and confirmation remain key; without both, a breakout could prove to be a false signal. Why Gordon’s Warning Matters Now Crypto Gordon’s call stands out not just for its technical insight but also for its timing. At $2.18, XRP is trading at the midpoint of its wedge, tightening with every passing day. The convergence of technical compression, rising network activity, and trader positioning underscores the likelihood of an imminent directional move. Gordon’s statement that XRP is “primed to SEND” captures a widely shared sentiment in the market. If the breakout materializes, it could usher in a decisive new phase for XRP, possibly driving it toward long-awaited price milestones. For now, the market watches and waits for the wedge to snap. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Says XRP Price Is Ready to SEND. Here’s the Significance appeared first on Times Tabloid .

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