XRP has staged a notable recovery following an extended downtrend, reclaiming critical ground and sparking renewed optimism among traders. The 4-hour chart reveals a strong rebound from the $1.74 region, signaling a shift in momentum. This price surge aligns with a rejection from the lower Bollinger Band, suggesting short-term bearish pressure may have subsided. Additionally, the horizontal support near $1.91 has proven resilient, halting further downside and inviting fresh buying interest. Currently, XRP trades near $2.02, and with bullish signals building, the near-term outlook suggests a continuation of upward momentum. This analysis explores four pivotal patterns, four key technical indicators, and the structural setup shaping XRP’s trajectory for the day. Bullish Engulfing and Double Bottom Highlight Reversal Strength Two prominent reversal signals have emerged: a bullish engulfing candle and a double bottom formation around the $1.74 support level. The engulfing candle formed after a steep drop from the $2.09 region, engulfing the prior bearish candle and signaling strong demand. Complementing this is the double bottom structure, characterized by a distinct W-shape—commonly associated with accumulation. The fact that both patterns formed near a significant support level and in proximity to the lower Bollinger Band adds weight to the bullish case. These signals often mark the beginning of new upward trends and gain more significance when supported by increased buying pressure, which XRP is currently experiencing. Descending Channel Breakout and Inverted Hammer Validate Bullish Bias XRP has broken out of a descending channel that previously guided the month-long downtrend. This breakout represents a significant shift in sentiment and indicates the potential for trend reversal. Supporting this move is the presence of an inverted hammer candlestick—often considered a bullish signal, especially when appearing at the end of a decline. The confluence of this candle with the breakout point strengthens the signal, suggesting that bearish pressure is weakening. With the descending channel structure invalidated, XRP could now target the $2.05 mid-range and resistance around $2.10, assuming momentum continues to build. Bollinger Band Squeeze Suggests Impending Price Expansion The Bollinger Bands on the 4-hour chart are beginning to contract, forming a classic squeeze pattern—a technical setup that often precedes significant price movement. Historically, such tightening in the bands indicates that an explosive move is imminent. XRP’s rebound from the lower band and its current proximity to the mid-band near $1.96 point to bullish momentum. A confirmed candle close above the mid-band could trigger a run toward the upper band, which sits around $2.09. Traders should closely monitor price action and volume for signs of a sustained breakout , as Bollinger Band squeezes typically resolve with a directional surge. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 MACD and RSI Strengthen Bullish Confirmation Momentum indicators are turning in favor of the bulls. The MACD has completed a bullish crossover below the baseline, accompanied by green histogram bars that continue to rise—reflecting increasing positive momentum. At the same time, the RSI has climbed above the neutral 50 level after rebounding from oversold conditions under 30. This upward move indicates a shift in control from sellers to buyers. The convergence of MACD and RSI in bullish territory after a period of weakness supports the probability of a sustained upside move. These indicators, paired with price action patterns, reinforce the outlook for a short-term bullish continuation. Prediction From a structural perspective, XRP is forming a bullish pattern of higher lows on lower timeframes—an early sign of trend reversal. The price has consistently bounced off the $1.91–$1.96 support zone, underscoring its strength as a demand area. A decisive 4-hour candle close above $2.02, especially with rising volume, could pave the way for a move toward $2.05 and potentially $2.20. However, a failure to hold above $1.91 would invalidate this bullish outlook and could see XRP retracing to $1.85. Given the alignment of technical indicators, bullish candlestick patterns, and strong support structures, the probability favors an upward continuation today. 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 XRP Price Prediction For April 11, 2025 appeared first on Times Tabloid .
