Search results for Wyckoff
Crypto
Signs of XRP buying near $1 point to Wyckoff accumulation phase
XRP remains weak around $1, but analysts say its price action may represent a test phase within a Wyckoff accumulation structure ahead of a potential rise. Weekly charts and on-chain indicators show short-term selling pressure alongside longer-term recovery potential. Whale wallets are accumulating between $1.00 and $1.20, while realized price is cited at $0.75. A break above $1.20 on strong volume is seen as a bullish signal, while a weekly close below $0.75 could invalidate the scenario.
Crypto
XRP downside pressure grows, but analyst sees long-term target at $14
XRP has fallen 45 percent since the start of the year, prompting discussion of both near-term downside risk and expectations of a medium- to long-term rebound. Market analyst CryptoinsightUK reviewed bullish and bearish factors, citing liquidation zones, a weakening price structure and relative underperformance versus Ethereum and Bitcoin. He also pointed to rising open interest as a variable. On the upside, he cited overhead liquidity targets and oversold weekly and monthly RSI readings, and projected a long-term Fibonacci-based target near $14.
Crypto
XRP long-term chart flashes warning as 2020 low range may open
XRP has staged a short-term rebound but remains in a bearish zone on longer-term charts, an analysis said. A market analyst known as Wyckoff Architect warned the token could fall toward around $0.10, near 2020 lows, citing an unstable higher-timeframe structure. Weekly indicators showed selling dominance, with DMI readings and an ADX of 34 pointing to a strong downtrend. Other analysts see a possible bottom around $0.70 to $0.90.
