XRP News: XRP’s Bullish Five-Wave Pattern Targets $15
The post XRP News: XRP’s Bullish Five-Wave Pattern Targets $15 appeared on BitcoinEthereumNews.com.
XRP is trading at over $2.16 when ChartNerd finds a five-wave “Staircase To Valhalla” pattern using the Wyckoff Accumulation pattern with a possible target of 15 amidst death cross fears. XRP trades around $2.20 today. The token is now subject to a monumental examination as technical patterns turn off. ChartNerd on X says that XRP has a unique formation. The analyst refers to it as the “Staircase To Valhalla.” In this structure of five waves, a Wyckoff Accumulation pattern is included. The forecast indicates towards the $15 mark. Source – ChartNerd X Current prices sit around $2.25. The target is approximately an increase of six times. The analysis by ChartNerd establishes important structural aspects. The trend indicates the first build-up around $0.40. In recent months, XRP has spiked to higher than 2.00. You might also like: XRP News: XRP’s Sharp Reversal: Massive ETF Demand Fuels V-Recovery Above $2.20 Critical Support Zone Tests XRP Bulls The token now gathers in the range of between 2.00 and 3.00. This is manifested in a re-accumulation phase. The technical discontinuity reflects the previous accumulation areas. These areas were the forerunners of powerful rallies in former cycles. Current support holds at $1.93. The clusters of resistance are around the line of 3.00. The vertical expansion arrow in the chart is aimed at reaching $15.00. This acts as the move target measured. XRP recently dropped below the level of $2.20. Selling pressure was renewed by a daily death cross. The token confronts an essential support test. This can define the overall direction of December. XRPZ of Franklin Templeton and the GXRP of Grayscale recorded three straight sessions. Even weak prices did not deter net inflows. Binance exchange reserves dropped to 2.7 billion XRP. This is the lowest level in a year. Approximately 300 million XRP went…
Filed under: News - @ November 29, 2025 4:22 am