NewsBTC
2025-11-10 17:30:36

XRP Flashes Strongest Macro Bull Trend in Its History: Chartist

XRP is printing its most constructive long-term structure on record, according to independent chartist “The Great Mattsby” (@matthughes13), who points to the three-month Ichimoku system and a year-long base forming above its key quarterly averages. XRP Is In The Strongest Bull Run Ever On the latest 3-month XRP/USD chart from Bitstamp, the in-progress candle shows price around $2.31, with the Ichimoku conversion line and baseline tracking just beneath spot. The analyst highlights that XRP “has never built a base above the 3 month conversion or baseline in its history and it’s doing it now for the past year” (posted Nov. 8, 2025). That observation is notable because, in prior cycles, quarterly closes consistently failed to hold above those Ichimoku reference lines after rallies, whereas the current cycle has seen price stabilize on top of them for multiple quarters in a row. The present quarterly candle remains open, but the configuration—price above both the 3-month conversion and baseline—visually underscores the claim of an ongoing macro bull trend. And there’s a more bullish structure for XRP. XRP has been oscillating between the 0.886 Fibonacci retracement at $2.25877 and its 2018 cycle all-time high at $3.31700. Since early December last year, price repeatedly defended the $2.25877 band as support while failing to secure acceptance above the $3.31700 ceiling on the weekly chart, creating a horizontal range capped by the former peak. Related Reading: XRP Eyes $5.5, But The Best Entry Is Still Ahead: Analyst “To put things in perspective, XRP has been consolidating between the 0.886 Fibonacci level and its 2018 all-time high (2.25877–3.317). It’s building a strong base above the 0.886 Fib,” Mattsby wrote on Oct. 12, adding that this structure keeps XRP in what he calls a “#Palantiring candidate” posture. Although that remark is four weeks old, the argument remains intact on the posted chart: the 0.886 area continues to function as the pivotal shelf. XRP Price Targets Beyond the prior-cycle high, the same weekly framework maps out upside extension levels that would logically come into play only if $3.31700 is reclaimed and held. Those include the 1.272 extension around $8.29661, the 1.414 near $13.38940, and the 1.618 up at $26.63038. Related Reading: XRP Price To Reach $1,000 By End Of 2025? Rumor Mills Are On Fire With BlackRock Speculations Closer to price, the stacked retracement supports below $2.25877 are clearly demarcated at $1.61246 (0.786), $1.12487 (0.702), $0.91531 (0.618), $0.61495 (0.500), $0.41315 (0.382), and $0.25257 (0.236), delineating the ladder of demand zones that governed XRP’s multi-year range prior to the latest advance. Taken together, the two timeframes tell a coherent story. On the high-timeframe Ichimoku view, XRP is maintaining altitude above its 3-month conversion and baseline for the first sustained period in its history—an objective sign of trend strength. On the weekly, price action has compressed into a well-defined band between $2.26 and $3.32, with repeated mean-reversions indicating accumulation rather than distribution while the market tests overhead supply at the 2018 high. As long as the 0.886 retracement at $2.25877 continues to hold on closing bases, the consolidation thesis laid out by The Great Mattsby—and the characterization of this as XRP’s strongest macro bull trend to date on Ichimoku terms—remains technically valid. At press time, XRP traded at $2.56. Featured image created with DALL.E, chart from TradingView.com

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约