Key Takeaways:
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The XRP closes below $ 3, but a fractal pattern suggests a Q4 -setup, with a potential rally towards $ 4.35 to $ 4.85.
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Whale flows remain negative, indicating at close downsides before possible reaccumulation at $ 2.65 to $ 2.33.
XRP (XRP) closed a daily candle below the $ 3 psychological level on August 19, extending the two-week correction. As the near season appears as bearish, the long-term perspective remains constructive, supported by a repeated fractal pattern of the market.
A fractal market refers to a repeated price structure observed in various timeframes, where similar prefunction often produce comparable outcomes. In the day -to -day XRP chart, the current structure reflects the one observed earlier this year. In January 2025, the XRP rallied for $ 3.40 before the continued $ 1.60 in April.
That local bottom appeared after a price that had been wrapped in liquidity within both the sun -and weekly fair amounts of the interval (FVG). Higher timeframe imbalance usually holds more weight, as they highlight areas where higher business and liquidity bids are concentrated.
In July, the XRP rebuilt, forming a new local high of $ 3.66. Currently, the chart outlines a comparable setup, with fresh FVG visible between $ 2.32 and $ 2.66. If this imbalance is filled, the likelihood of a modified expansion stage increases, potential stages setting for a breakout rally.
Based on the rate of return reduction, XRP can detect 60-85% acquisitions in Q4, with a reversed potential of $ 4.35. The critical inflection lies at $ 3.85, above which the XRP will enter the price detection.
Including those who support the macroeconomic factors such as potential reductions in US interest rate, XRP can maintain momentum beyond the initial targets, expanding the rally for weeks. While short -term volatility remains likely, the wider structure suggests continuing the continuation of the Q4.
Related: Price predictions 8/20: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM
Negative XRP whale flows a hint of fatigue
Recently Onchain data It is shown that large XRP holders, or “whale addresses,” reduce their positions, but the sale of pressure is approaching fatigue.
A similar sale wave is observed in Q2, which in conjunction with the broader XRP correction. Currently, the 90-day transfer of the whale Netflows averages a distribution peak, which can flip positively as price prices lower.
Historically, whale activity plays a critical role in shaping market direction. During H2 2024, significant accumulation occurred between $ 2.00 and $ 2.50, where whales built a size of positions ahead of the XRP rally. A comparable setup may open, with accumulation zones that are likely to return around $ 2.65- $ 2.33.
Related: The Downtrend of the XRP price may continue: Here are 4 reasons why
This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.
