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XRP Could Rocket 470% If History Repeats, SuperTrend Suggests

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In a technical analysis shared on X, popular crypto analyst Ali Martinez (@ali_charts) has drawn attention to a potentially significant bullish signal for XRP. Martinez highlighted that the SuperTrend indicator, applied to the 12-hour chart of XRP/USDT, has flipped to a bullish orientation—a pattern that preceded a meteoric 470% price surge the last time.

“The last time the SuperTrend indicator flipped bullish on the 12-hour chart, XRP went up 470%… It just flipped bullish again,” Martinez wrote via X and shared the below chart.

XRP SuperTrend indicator
XRP SuperTrend indicator, 12-hour chart | Source: X @ali_charts

What This Means For XRP Price

The SuperTrend indicator is a popular trend-following technical analysis tool developed by Olivier Seban. It overlays on price charts and helps traders identify the prevailing market trend by adjusting dynamically based on volatility. The indicator primarily utilizes the Average True Range (ATR) to determine its position relative to price movements, providing clear buy and sell signals.

The SuperTrend is calculated using the ATR and a multiplier (commonly set to 3). It plots a line above or below the price, switching its position when price crosses these levels. A bullish flip occurs when the indicator moves below the price, signaling a potential uptrend. Conversely, a bearish flip happens when it moves above the price, indicating a possible downtrend.

Martinez referenced the last instance where the SuperTrend indicator flipped to bullish on XRP’s 12-hour chart, subsequently leading to a staggering 470% price increase. The last bullish flip occurred in November last year, where XRP was trading at approximately $0.50. Following the flip, XRP entered a robust uptrend, breaking through key resistance levels and reaching a peak of $2.90 on December 3, representing a 470% gain from its pre-flip valuation.

As per Martinez, the SuperTrend indicator on the 12-hour chart has again flipped to bullish. This resurgence suggests a potential repetition of the previous explosive upward movement. Notably, the bullish SuperTrend aligns with a bullish chart setup in the weekly chart.

Last week, XRP bounced off the crucial support at $1.96, and is now eying a weekly close above the 1.272 Fibonacci extension level at $2.42. A decisive break above this resistance, coupled with sustained volume, could propel the price towards the 1.618 Fibonacci extension level at $3.00.

Based on the historical precedent, if XRP mirrors the previous pattern, the price target could be much higher. A 470% increase would target a price level of approximately $13.80.

At press time, XRP traded at $2.44.

XRP price
XRP price faces key resistance, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com



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Ripple President Monica Long Shares Big Updates For XRP Community

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Ripple President Monica Long once again caught the XRP community’s attention with her comments about the latest developments. In a recent interview, Long highlighted the recent acquisition and other key insights about the blockchain firm and its products. Besides, she also predicted 2025 to be the best year for Ripple so far, which has further boosted market sentiment.

Notably, her comments come as CEO Brad Garlinhouse also lauded a recent update, signaling a stronger global push for the firm’s financial infrastructure.

Ripple President Monica Long On Hidden Road Deal

Ripple President Monica Long, in an interview with CNBC’s Arjun Kharpal, discussed the firm’s recent acquisition of Hidden Road. The blockchain firm, known for its prime brokerage services, will now play a vital role in enhancing Ripple’s core offerings—payments, custody, and asset tokenization.

Long emphasized that this move directly supports the blockchain firm’s long-standing goal of building robust financial infrastructure for enterprises. Besides, she noted Ripple’s global presence, saying they’ve built their network “brick by brick” with powerful liquidity tools and real-time settlement capabilities.

Meanwhile, she noted that the company now holds more than 60 regulatory licenses worldwide, giving it a solid advantage in delivering end-to-end financial services. Monica Long expressed particular excitement about integrating Hidden Road’s services with Ripple’s ecosystem.

She highlighted that combining prime brokerage, post-trade settlement via the XRP Ledger (XRPL), and Ripple’s institutional-grade custody can unlock major efficiencies. According to the Ripple President, these developments lay the groundwork for Ripple’s most successful year yet.

Besides, recent Ripple Director Craddock has highlighted the potential of the Hidden Road deal and explained the role of XRP Ledger (XRPL) in it.

Ripple CEO Sparks Optimism With Recent XRP Update

Monica Long underlined that Ripple’s strength lies in handling the full financial flow, from liquidity sourcing to last-mile payouts. XRP and the upcoming RLUSD stablecoin will remain central to this infrastructure. With Ripple’s growing stack of services, digital asset utility is expected to skyrocket. She also stated:

“2025 is shaping up to be the best year yet for Ripple.”

Amid the positive updates from Monica Long, Ripple CEO Brad Garlinghouse welcomed the CME Group’s move to introduce XRP Futures on May 19. He said the launch may be “overdue,” but stressed that it marks a major milestone for XRP’s market maturity. Lauding the update, Ripple CEO Garlinghouse said:

“This is an incredibly important and exciting step in the continued growth of the XRP market!”

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Rupam Roy

Rupam is a seasoned professional with three years of experience in the financial market, where he has developed a reputation as a meticulous research analyst and insightful journalist. He thrives on exploring the dynamic nuances of the financial landscape. Currently serving as a sub-editor at Coingape, Rupam’s expertise extends beyond conventional boundaries. His role involves breaking stories, analyzing AI-related developments, providing real-time updates on the crypto market, and presenting insightful economic news.
Rupam’s career is characterized by a deep passion for unraveling the complexities of finance and delivering impactful stories that resonate with a diverse audience.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Ripple

XRP Price Slips After Rally — Bulls Still in Play or Fading Fast?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he’s trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush’s journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he’s poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush’s unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.



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Altcoins

XRP, Solana, DOGE and Others Among 72 Different ETF Applications Waiting for SEC Approval: Report

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Crypto firms are now waiting to hear back on 72 active applications for new crypto-related exchange-traded funds (ETFs).

James Seyffart, an ETF analyst at Bloomberg Intelligence, compiled the list of submissions to the U.S. Securities and Exchange Commission (SEC).

ETFs awaiting approval include funds tied to Solana (SOL), XRP (XRP), Sui (SUI), Litecoin (LTC), Axelar (AXL) Hedera (HBAR), BNB, Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Polkadot (DOT), Aptos (APT), Chainlink (LINK), Pudgy Penguins (PENGU), Official Trump (TRUMP), Melania (MELANIA) and Bonk (BONK).

Other potential new ETFs are tied to a basket of currencies, and a few are based on Bitcoin (BTC) and/or Ethereum (ETH), assets that have already been approved for inclusion in other spot ETFs.

Eric Balchunas, a senior ETF analyst at Bloomberg Intelligence, predicts that BTC ETFs will remain dominant regardless of the number of altcoin funds that are approved.

“No Second Best? Bitcoin ETFs command 90% of all the crypto fund assets globally. While a TON of alt/meme coin ETFs are likely going to hit market this year, they will only make a minor dent, Bitcoin likely to retain at least 80-85% share long-term.”

The SEC greenlit the first spot market Bitcoin ETFs in January 2024, bringing in billions of dollars worth of inflows to the top digital asset by market cap, and the regulator subsequently approved Ethereum ETFs for trading last July.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Don White – Art Dreamer/Vladimir Sazonov



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