Crypto analyst CrediBULL Crypto has shared a detailed technical analysis chart of XRP/USD, presenting what he refers to as the “most bullish scenario” he is currently monitoring. The post, which was shared on April 10, 2025, outlines several possibilities for the digital asset’s short-term direction, with particular emphasis on the price’s current position relative to key structural levels. The chart is paired with Elliott Wave labeling, suggesting the potential start of a strong impulsive move if specific conditions are met. There are a few different scenarios that can play out on $XRP here, and it will be dependent to some extent on what $BTC does in the coming days, but this would be the most bullish scenario that I am keeping an eye out for. We are at the POB (point of breakdown) that took us… https://t.co/pq97wV41Z9 pic.twitter.com/XEKWvK2L0e — CrediBULL Crypto (@CredibleCrypto) April 10, 2025 In his commentary, CrediBULL Crypto identifies that XRP is currently situated at the “POB,” or Point of Breakdown, which previously marked the level at which the asset lost its hold on a key range and fell into what he terms the “key BUY ZONE,” represented in green on the chart. CrediBULL notes that should XRP break above this POB level “impulsively,” it would represent a “fantastic sign” for bulls. His annotated chart shows a potential five-wave impulse to the upside, indicating that such a breakout could lead to an aggressive rally. The projection in his chart sees a possible push past the $2.00 level, moving through the red resistance zone, with wave counts labeling a possible path toward $2.75. Elliott Wave Structure Suggests a Developing Impulse The visual analysis includes a labeled Elliott Wave count that started from the recent low in the green zone. CrediBULL has outlined the beginning of a potential five-wave impulsive structure, marking the formation of wave i and a possible retracement into wave ii. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 If wave ii concludes without breaking the prior low and XRP reclaims the POB with strength, the expected wave iii could begin. This would be followed by a brief corrective wave iv and a final push to wave v, completing the impulse move. Market Conditions and Bitcoin’s Influence Remain Central While the focus is clearly on XRP, CrediBULL Crypto openly states that the success of this bullish outlook will “depend to some extent on what $BTC does in the coming days.” This acknowledgement reflects a broader market sentiment, where altcoins often react to Bitcoin’s price movements . Should Bitcoin remain stable or continue its upward trend, the probability of a bullish breakout for XRP increases. Should Bitcoin enter a sharp correction, XRP may follow suit and revisit the green buy zone. In response to a community member’s question regarding this downside possibility, CrediBULL confirmed that if such a scenario occurs, he would expect “a larger base to form there,” suggesting the possibility of prolonged consolidation rather than a complete breakdown. Key Levels to Watch as XRP Approaches Inflection Point At the time of the tweet, XRP was trading around $1.96. The POB sits slightly above this level, and a breakout beyond it would indicate a shift in sentiment. The red zone from roughly $2.00 to $2.20 represents near-term resistance, while the green zone from $1.50 to $1.80 remains the identified support area for further retracement. CrediBULL Crypto’s latest analysis positions XRP at a critical decision point where a new bullish impulse may begin or further base-building may be required. The outcome in the days ahead will depend heavily on reclaiming key technical levels and the overall state of the cryptocurrency market. 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 Expert Shares Most Bullish XRP Breakout Scenario He Closely Monitors appeared first on Times Tabloid .
