Unlike Bitcoin and most altcoins, XRP is showing surprising strength on a key technical indicator.
Crypto analysts have noted this bullish divergence, with some suggesting XRP may outperform Bitcoin and other altcoins in the current market cycle.
XRP’s Bullish Divergence: The Kijun Sen Indicator
The key to this bullish outlook is the Kijun Sen, a critical component of the Ichimoku Cloud indicator. As one analyst pointed out on X, while Bitcoin has fallen below its weekly Kijun Sen, signaling potential weakness, XRP remains bullish on its weekly chart against the US dollar.
> Like I said before, $XRP is going to continue to outperform against other majors in the coming months.
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> People getting complacent with it because it has been consolidating for some time after an 8x run off the lows.
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> This consolidation is literally just a “loading” bar for the… https://t.co/4Zh4xO310B
> — CrediBULL Crypto (@CredibleCrypto) March 16, 2025
This analyst sees XRP’s consolidation as a loading bar for the next massive move, offering investors an opportunity to accumulate the cryptocurrency at fairer prices before the next rally.
Related: XRP Rally Breaks Trendline, Top Trader Sets $5.85 and $8.76 Targets
Another analyst, focusing on the XRP/BTC pair, forecasts another leg up in the current bull cycle, setting a minimum target of 5670 satoshi, matching the quarterly Kijun Sen level. A short-term test of 2264 satoshi is also expected.
It doesn’t matter if the rest of the crypto market pulls back; XRP’s outlook remains bullish on the Kijun Sen indicator. This divergence highlights XRP’s resilience over the past few months, with the altcoin maintaining a sideways trend despite the crypto market’s bearish sentiment.
XRP’s Price: Support and Resistance
XRP established notable support around $2, bouncing off that level multiple times since December 2024. The $2 support marks the lower limit of XRP’s sideways range, while the cryptocurrency established an upper limit at $3.4, coinciding with its all-time high.
Related: XRP Rally Expected as Ripple vs SEC Case Takes New Turn
XRP was trading for $2.34 as of writing, marking close to a 7.5% weekly rally since bouncing off the $2 support. Analysts consider the sideways trend a classic build-up, potentially boosting XRP’s bullish momentum and forming the tailwind behind the next surge toward a new all-time high.
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