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Renowned crypto analyst Alan Santana has published a full analysis of XRP on TradingView, providing unique insight into the token’s market behavior and future possibilities.
Unlike Solana’s accumulation-based approach, Santana’s XRP method emphasizes waiting for a confirmation signal before entering a long position. The unique variations in the charts of these two cryptocurrencies lead to this difference.
Since perfect timing of market moves is quite difficult, Santana emphasized that a retracement, correction or consolidation period for XRP it can go on forever.
While support and resistance levels are fairly clear, he noted that the timing of market changes depends on changing factors including actions taken by major market players, new developments or unexpected news.
Santana currently finds XRP’s accumulation zone to be within the $1.90-$2.40 trading range. He notes that $1.90 is an ultra-bullish threshold—a level that marks the lowest level since December 10—and emphasizes that a rise above $2.36 would indicate a hyper-bullish phase, thus possibly triggering the next significant market wave.
Although the exact moment is unclear, Santana is hopeful XRPs future and implies that a 700% price increase is likely.
Meanwhile, XRP is trading at approx $2.13 at the time of writing, a 5.22% increase in the last 24 hours. This jump highlights its increasing importance in the crypto market as it has increased its market capitalization above the $122 billion mark.
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In addition, a major participant in blockchain projects, SBI Holdings, was considering launching a buyback program for XRP, as we previously reported reported. Backed by the GAM Global Special Situations Fund, the idea implies that such a program could increase value for shareholders and blockchain investments.
This technique mirrors one MicroStrategy used in the United States, where market visibility and shareholder returns are greatly enhanced by large investments in Bitcoin.