Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
XRP To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move

XRP To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbeCoinsProbe2025/07/11 17:05
By:Nilesh Hembade

Date: Fri, July 11 2025 | 06:05 AM GMT

The cryptocurrency market celebrated a major milestone in its history today as Bitcoin (BTC) surged to a fresh all-time high of $118,000. Ethereum (ETH) followed suit with a strong 8% rally, breaking above the $3,000 mark. This bullish momentum is lifting the major altcoins — including XRP, which has gained 6% in the past 24 hours.

But beyond price action, it’s the emergence of a classic harmonic structure on XRP’s chart that’s turning heads and suggesting this move might just be getting started.

XRP To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Hints at Upside Move

Zooming into XRP’s daily chart, a well-defined ABCD harmonic pattern is clearly in play. The move began in April from point A near $1.61, before a sharp rise took XRP to point B in early May. This was followed by a healthy correction to point C near $1.91 by late June — a typical move that fits the harmonic sequence.

XRP To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move image 1 XRP Daily Chart/Coinsprobe (Source: Tradingview)

Since then, XRP has been steadily grinding higher, now trading around the $2.58 level. This leg from point C to D is unfolding in a manner consistent with the harmonic roadmap, indicating the final target could be approaching — but not yet reached.

What’s Next for XRP?

If this harmonic pattern completes as expected, the next key level is the Potential Reversal Zone (PRZ) around $2.93. That’s the 1.272 Fibonacci extension from point B, and it represents a potential 13% upside from current levels.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

No wonder Buffett finally bet on Google

Google holds the entire chain in its own hands. It does not rely on Nvidia and possesses efficient, low-cost computational sovereignty.

深潮2025/11/29 05:56
No wonder Buffett finally bet on Google