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XRP Price Prediction: Is XRP Setting Up a 1,000% Move or Just Retesting the Same Resistance?


XRP Price Prediction: Is XRP Setting Up a 1,000% Move or Just Retesting the Same Resistance?

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In crypto markets, XRP trades at $1.1044 on July 10, up 1.08%, and is mounting a second breakout attempt at the descending trendline after an early July failure, testing daily resistance. Weekly ETF flows of -$7.29M put a 10-week ETF inflow streak at risk, while a macro analyst highlights an XRP accumulation pattern that previously preceded 1,000%+ rallies, suggesting upside potential for the token despite short-term ETF flow risk to adoption and price.

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  • XRP is attempting a second breakout above the descending trendline after the first attempt failed in early July
  • The 10-week ETF inflow streak is at risk with weekly flows at -$7.29M, pending Friday’s data
  • A macro analyst flags an XRP accumulation pattern that previously preceded 1,000%+ rallies

XRP trades at $1.1044 on July 10, up 1.08% and pressing against the descending trendline for the second time this month, with the chart labeling it “Another Breakout Attempt.”

Is XRP’s Second Trendline Breakout Attempt More Convincing?

XRP 1D Price Action (Source: TradingView)

The daily chart shows XRP making a fresh push at the descending trendline that has capped every rally since May, with the chart annotating this move explicitly as another breakout attempt. The first try in early July cleared the line briefly before pulling back into the retest zone, where price h…

Read The Full Article XRP Price Prediction: Is XRP Setting Up a 1,000% Move or Just Retesting the Same Resistance? On Coin Edition.

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В этой новости

Монеты

$ 1.11

+0.84%

$ 0.101

-1.15%

Рынки предсказаний

Что в фокусе у трейдеров?

Смотреть аналитику →
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В этой новости

Монеты

$ 1.11

+0.84%

$ 0.101

-1.15%

Рынки предсказаний

Что в фокусе у трейдеров?

Смотреть аналитику →
Prediction Banner

Поделиться:

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