Categories: Crypto

is a new all-time high rally next?


XRP price is trading above strong high-timeframe support, aligned with the 0.618 Fibonacci retracement and the 50-day moving average. This confluence reinforces its bullish market structure and continuation potential.

Summary

  • XRP trades above high time frame support at the 0.618 Fibonacci and 50-day moving average.
  • Higher lows and higher highs signal bullish continuation potential.
  • Bullish volume inflows are essential for sustaining a move toward a new all-time high.

Ripple (XRP)’s recent price action has highlighted a significant confluence zone that is currently acting as support. This level combines high-timeframe support, Fibonacci retracement, and a dynamic moving average structure, all of which are critical for sustaining a bullish trend. With these elements aligned, XRP’s market structure remains intact, and the setup suggests room for continuation higher.

Key XRP price technical points

  • High Time Frame Support: Confluent with the 0.618 Fibonacci and the 50-day moving average, providing a solid structural base.
  • Bullish Market Structure: Higher highs and higher lows continue to dominate, reinforcing the case for continuation.
  • Volume Profile Critical: Sustained bullish inflows are required to validate momentum toward a potential new all-time high.

XRPUSDT (1D) Chart, Source: TradingView

XRP’s current technical setup is strongly bullish, with price maintaining levels above high-timeframe support. The 0.618 Fibonacci retracement has proven to be a key reversal zone in previous cycles, and when paired with the 50-day moving average, it provides a reinforced support cluster. Such confluences are significant because they often act as springboards for the next leg higher in strong trending markets.

From a structural perspective, XRP is continuing to print higher lows and higher highs, a defining trait of bullish momentum. The establishment of a new higher low in this region creates the conditions necessary for continuation toward fresh highs. If this structure holds, the probability of an extended rally increases substantially, with the potential for a new all-time high firmly in play.

The volume profile remains one of the most important metrics to monitor. While support levels and moving averages establish the technical foundation, it is volume that ultimately drives momentum. An influx of bullish volume will serve as confirmation that demand is present and willing to sustain upward pressure. Without this validation, rallies can falter even in technically favorable conditions. Traders will be looking for signs of strong participation at current levels to confirm the sustainability of the move.

What to expect in the coming price action

As long as XRP continues to hold above the high-timeframe support confluent with the 0.618 Fibonacci and 50-day moving average, the probability of a breakout to a new all-time high remains strong. Continued higher-low formations and bullish volume inflows will be the catalysts needed for acceleration.



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Adam Forsyth

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Adam Forsyth

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