TimesTabloid
2025-04-11 03:36:16

Analyst Identifies Key XRP Support and Resistance Levels For Next Major Rally

Crypto analyst Ali Martinez (@ali_charts) recently shared an in-depth outlook of XRP’s current technical structure. He used a UTXO Realized Price Distribution (URPD) chart to map out the price XRP holders acquired their coins. According to Martinez, the data points to key support zones at $1.39 and $1.67, with major resistance forming at $2.04 and $2.38. $XRP key support levels sit at $1.67 and $1.39, while major resistance stands at $2.04 and $2.38! pic.twitter.com/VpmCwaU9tK — Ali (@ali_charts) April 9, 2025 Realized Price Distribution Reveals Holder Behavior The URPD chart shows the volume of XRP moved at different price levels, providing insight into where investors may become active again. At the $1.39 level, roughly 1.29 billion XRP were last moved, while $1.67 accounts for over 1.15 billion. These prices mark significant cost bases and could act as support as investors look to defend those positions. On the resistance side, $2.04 and $2.38 stand out. More than 1.12 billion XRP were moved at $2.04, and $2.38 is even more substantial, representing 2.13 billion XRP, making it the largest concentration in the higher price range. Following the digital asset’s recent decline , Martinez’s post highlights crucial levels to watch as it attempts to recover. These levels suggest where sell pressure may increase as XRP approaches previous break-even zones. Large Accumulation Below $1 While Martinez focused on upper-level price zones, the chart also reveals a large cluster of transactions in the $0.44–$0.57 range. One bar in this region shows over 6 billion XRP moved, the highest on the chart. Though not highlighted as immediate support, this accumulation is a broader structural base and reflects strong historical buying interest at lower levels. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 On-Chain Data Shapes Market Strategy The chart is partitioned by ATH-based price bands and displayed on a logarithmic scale, allowing a more detailed view of where XRP was historically transacted. Each bar represents how much XRP moved at specific price levels, and higher bars indicate a stronger potential influence in future price action. While he avoided direct predictions, his use of the URPD data presents a more grounded approach to determining support and resistance based on actual market behavior. The asset’s low price also presents a good buying opportunity, as one expert recently described buying now as a no-brainer . XRP is trading at $1.99 after a 13.15% increase from yesterday. With the digital asset trading between large clusters of realized volume, price movement through or rejection at these key levels may determine the next trend, and the next crucial level to watch is $2.04. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Identifies Key XRP Support and Resistance Levels For Next Major Rally appeared first on Times Tabloid .

Получите Информационный бюллетень Crypto
Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения