#AKEBinanceTGE A major leap of XRP in the fourth quarter would depend on a key condition of its chart
A fractal in the XRP chart and whale movements point to a short-term drop before a possible dizzying rise that could reach new all-time highs in the fourth quarter.
A major leap of XRP in the fourth quarter would depend on a key condition of its chart
Market Analysis
Key conclusions:
XRP closed below USD 3, but a fractal pattern suggests a bullish setup for the fourth quarter, with a possible rally towards USD 4.35 to USD 4.85.
Whale flows remain negative, indicating a short-term drop before a possible reaccumulation in the range of USD 2.65 to USD 2.33.
The XRP
XRP
€2.46
closed a daily candle below the psychological level of USD 3 on August 19, extending its two-week correction. While short-term seasonality seems bearish, long-term prospects remain constructive, supported by a recurring fractal pattern in the market.
A market fractal refers to a repetitive price structure observed across different time frames, where similar setups often lead to comparable outcomes. In the daily chart of XRP, the current structure reflects that observed earlier this year. In January 2025, XRP rose to USD 3.40 before steadily correcting down to USD 1.60 in April.