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Bitcoin Bitcoin (BTC) $117,224.97 ↓ -1.10%
Ethereum Ethereum (ETH) $3,721.64 ↑ 0.23%
XRP XRP (XRP) $3.14 ↓ -1.41%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.09%
BNB BNB (BNB) $779.44 ↑ 0.41%
Solana Solana (SOL) $185.44 ↑ 0.63%
USDC USDC (USDC) $1.00 ↓ -0.04%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -0.42%
TRON TRON (TRX) $0.32 ↑ 0.21%
Cardano Cardano (ADA) $0.81 ↑ 0.06%
Hyperliquid Hyperliquid (HYPE) $43.54 ↑ 2.35%
Sui Sui (SUI) $3.99 ↑ 5.83%
Stellar Stellar (XLM) $0.43 ↓ -0.10%
Chainlink Chainlink (LINK) $18.25 ↑ 0.64%
Hedera Hedera (HBAR) $0.26 ↑ 7.69%
Bitcoin Cash Bitcoin Cash (BCH) $550.21 ↑ 6.99%
Avalanche Avalanche (AVAX) $23.94 ↑ 0.04%
Litecoin Litecoin (LTC) $113.67 ↑ 0.61%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.08%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 1.94%
Toncoin Toncoin (TON) $3.18 ↑ 1.21%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Polkadot Polkadot (DOT) $4.09 ↑ 1.50%
Uniswap Uniswap (UNI) $10.40 ↑ 1.41%
Monero Monero (XMR) $320.01 ↓ -1.51%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.54 ↓ -1.87%
Pepe Pepe (PEPE) $0.00 ↓ -1.02%
Aave Aave (AAVE) $293.47 ↑ 0.74%
Cronos Cronos (CRO) $0.13 ↑ 4.14%
Bittensor Bittensor (TAO) $426.01 ↑ 0.67%
Ethena Ethena (ENA) $0.60 ↑ 26.48%
NEAR Protocol NEAR Protocol (NEAR) $2.86 ↑ 3.76%
Ethereum Classic Ethereum Classic (ETC) $22.62 ↑ 0.41%
Pi Pi (PI) $0.44 ↓ -0.81%
Ondo Ondo (ONDO) $1.04 ↑ 0.26%
Aptos Aptos (APT) $4.73 ↑ 1.24%
Internet Computer Internet Computer (ICP) $5.61 ↑ 1.04%
OKB OKB (OKB) $48.09 ↓ -0.21%
Bonk Bonk (BONK) $0.00 ↑ 5.18%
Kaspa Kaspa (KAS) $0.10 ↓ -0.70%
Mantle Mantle (MNT) $0.76 ↑ 1.03%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 0.42%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 1.34%
Algorand Algorand (ALGO) $0.27 ↑ 0.72%
Arbitrum Arbitrum (ARB) $0.44 ↑ 1.73%
VeChain VeChain (VET) $0.03 ↑ 2.74%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.04%
Render Render (RENDER) $4.18 ↑ 1.99%
GateToken GateToken (GT) $17.56 ↓ -0.88%
Worldcoin Worldcoin (WLD) $1.16 ↑ 0.56%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.04 ↑ 0.16%
Sky Sky (SKY) $0.09 ↑ 9.28%
Sei Sei (SEI) $0.33 ↑ 2.86%
Cosmos Cosmos (ATOM) $4.70 ↑ 0.64%
Filecoin Filecoin (FIL) $2.64 ↑ 1.25%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 1.51%
SPX6900 SPX6900 (SPX) $1.88 ↑ 3.79%
Jupiter Jupiter (JUP) $0.55 ↑ 0.48%
Story Story (IP) $5.47 ↑ 5.22%
Flare Flare (FLR) $0.02 ↓ -2.75%
KuCoin Token KuCoin Token (KCS) $11.98 ↓ -1.03%
Quant Quant (QNT) $121.33 ↑ 0.35%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.02%
XDC Network XDC Network (XDC) $0.09 ↑ 2.74%
Curve DAO Token Curve DAO Token (CRV) $1.04 ↑ 5.66%
Celestia Celestia (TIA) $1.94 ↑ 4.87%
Injective Injective (INJ) $14.00 ↑ 2.48%
Fartcoin Fartcoin (FARTCOIN) $1.35 ↓ -0.57%
Four Four (FORM) $3.42 ↓ -3.97%
Stacks Stacks (STX) $0.80 ↑ 1.83%
Optimism Optimism (OP) $0.72 ↑ 2.13%
FLOKI FLOKI (FLOKI) $0.00 ↑ 1.40%
dogwifhat dogwifhat (WIF) $1.07 ↑ 1.20%
Immutable Immutable (IMX) $0.56 ↑ 1.37%
Ethereum Name Service Ethereum Name Service (ENS) $28.54 ↓ -0.11%
The Graph The Graph (GRT) $0.10 ↑ 1.12%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.56 ↓ -0.26%
Kaia Kaia (KAIA) $0.16 ↓ -0.88%
Lido DAO Lido DAO (LDO) $1.10 ↑ 1.16%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -3.03%
Sonic Sonic (S) $0.33 ↑ 0.45%
Conflux Conflux (CFX) $0.19 ↑ 5.38%
PAX Gold PAX Gold (PAXG) $3,354.47 ↓ -0.53%
PancakeSwap PancakeSwap (CAKE) $2.71 ↑ 2.00%
Tezos Tezos (XTZ) $0.89 ↑ 0.70%
Vaulta Vaulta (A) $0.57 ↓ -0.84%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.03%
Theta Network Theta Network (THETA) $0.88 ↑ 0.89%
Nexo Nexo (NEXO) $1.32 ↓ -0.31%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 0.96%
Tether Gold Tether Gold (XAUt) $3,344.58 ↓ -0.69%
IOTA IOTA (IOTA) $0.21 ↑ 2.04%
Raydium Raydium (RAY) $2.99 ↓ -3.26%
Gala Gala (GALA) $0.02 ↑ 0.84%
The Sandbox The Sandbox (SAND) $0.30 ↑ 1.07%
Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -1.47%
Pendle Pendle (PENDLE) $4.47 ↑ 2.73%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 2.81%
Jito Jito (JTO) $1.97 ↓ -1.05%
Bitcoin Bitcoin (BTC) $117,224.97 ↓ -1.10%
Ethereum Ethereum (ETH) $3,721.64 ↑ 0.23%
XRP XRP (XRP) $3.14 ↓ -1.41%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.09%
BNB BNB (BNB) $779.44 ↑ 0.41%
Solana Solana (SOL) $185.44 ↑ 0.63%
USDC USDC (USDC) $1.00 ↓ -0.04%
Dogecoin Dogecoin (DOGE) $0.23 ↓ -0.42%
TRON TRON (TRX) $0.32 ↑ 0.21%
Cardano Cardano (ADA) $0.81 ↑ 0.06%
Hyperliquid Hyperliquid (HYPE) $43.54 ↑ 2.35%
Sui Sui (SUI) $3.99 ↑ 5.83%
Stellar Stellar (XLM) $0.43 ↓ -0.10%
Chainlink Chainlink (LINK) $18.25 ↑ 0.64%
Hedera Hedera (HBAR) $0.26 ↑ 7.69%
Bitcoin Cash Bitcoin Cash (BCH) $550.21 ↑ 6.99%
Avalanche Avalanche (AVAX) $23.94 ↑ 0.04%
Litecoin Litecoin (LTC) $113.67 ↑ 0.61%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.08%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 1.94%
Toncoin Toncoin (TON) $3.18 ↑ 1.21%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Polkadot Polkadot (DOT) $4.09 ↑ 1.50%
Uniswap Uniswap (UNI) $10.40 ↑ 1.41%
Monero Monero (XMR) $320.01 ↓ -1.51%
Dai Dai (DAI) $1.00 ↓ -0.02%
Bitget Token Bitget Token (BGB) $4.54 ↓ -1.87%
Pepe Pepe (PEPE) $0.00 ↓ -1.02%
Aave Aave (AAVE) $293.47 ↑ 0.74%
Cronos Cronos (CRO) $0.13 ↑ 4.14%
Bittensor Bittensor (TAO) $426.01 ↑ 0.67%
Ethena Ethena (ENA) $0.60 ↑ 26.48%
NEAR Protocol NEAR Protocol (NEAR) $2.86 ↑ 3.76%
Ethereum Classic Ethereum Classic (ETC) $22.62 ↑ 0.41%
Pi Pi (PI) $0.44 ↓ -0.81%
Ondo Ondo (ONDO) $1.04 ↑ 0.26%
Aptos Aptos (APT) $4.73 ↑ 1.24%
Internet Computer Internet Computer (ICP) $5.61 ↑ 1.04%
OKB OKB (OKB) $48.09 ↓ -0.21%
Bonk Bonk (BONK) $0.00 ↑ 5.18%
Kaspa Kaspa (KAS) $0.10 ↓ -0.70%
Mantle Mantle (MNT) $0.76 ↑ 1.03%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.23 ↑ 0.42%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↑ 1.34%
Algorand Algorand (ALGO) $0.27 ↑ 0.72%
Arbitrum Arbitrum (ARB) $0.44 ↑ 1.73%
VeChain VeChain (VET) $0.03 ↑ 2.74%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↑ 0.04%
Render Render (RENDER) $4.18 ↑ 1.99%
GateToken GateToken (GT) $17.56 ↓ -0.88%
Worldcoin Worldcoin (WLD) $1.16 ↑ 0.56%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.04 ↑ 0.16%
Sky Sky (SKY) $0.09 ↑ 9.28%
Sei Sei (SEI) $0.33 ↑ 2.86%
Cosmos Cosmos (ATOM) $4.70 ↑ 0.64%
Filecoin Filecoin (FIL) $2.64 ↑ 1.25%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.74 ↑ 1.51%
SPX6900 SPX6900 (SPX) $1.88 ↑ 3.79%
Jupiter Jupiter (JUP) $0.55 ↑ 0.48%
Story Story (IP) $5.47 ↑ 5.22%
Flare Flare (FLR) $0.02 ↓ -2.75%
KuCoin Token KuCoin Token (KCS) $11.98 ↓ -1.03%
Quant Quant (QNT) $121.33 ↑ 0.35%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.02%
XDC Network XDC Network (XDC) $0.09 ↑ 2.74%
Curve DAO Token Curve DAO Token (CRV) $1.04 ↑ 5.66%
Celestia Celestia (TIA) $1.94 ↑ 4.87%
Injective Injective (INJ) $14.00 ↑ 2.48%
Fartcoin Fartcoin (FARTCOIN) $1.35 ↓ -0.57%
Four Four (FORM) $3.42 ↓ -3.97%
Stacks Stacks (STX) $0.80 ↑ 1.83%
Optimism Optimism (OP) $0.72 ↑ 2.13%
FLOKI FLOKI (FLOKI) $0.00 ↑ 1.40%
dogwifhat dogwifhat (WIF) $1.07 ↑ 1.20%
Immutable Immutable (IMX) $0.56 ↑ 1.37%
Ethereum Name Service Ethereum Name Service (ENS) $28.54 ↓ -0.11%
The Graph The Graph (GRT) $0.10 ↑ 1.12%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.56 ↓ -0.26%
Kaia Kaia (KAIA) $0.16 ↓ -0.88%
Lido DAO Lido DAO (LDO) $1.10 ↑ 1.16%
Pump.fun Pump.fun (PUMP) $0.00 ↓ -3.03%
Sonic Sonic (S) $0.33 ↑ 0.45%
Conflux Conflux (CFX) $0.19 ↑ 5.38%
PAX Gold PAX Gold (PAXG) $3,354.47 ↓ -0.53%
PancakeSwap PancakeSwap (CAKE) $2.71 ↑ 2.00%
Tezos Tezos (XTZ) $0.89 ↑ 0.70%
Vaulta Vaulta (A) $0.57 ↓ -0.84%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.03%
Theta Network Theta Network (THETA) $0.88 ↑ 0.89%
Nexo Nexo (NEXO) $1.32 ↓ -0.31%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 0.96%
Tether Gold Tether Gold (XAUt) $3,344.58 ↓ -0.69%
IOTA IOTA (IOTA) $0.21 ↑ 2.04%
Raydium Raydium (RAY) $2.99 ↓ -3.26%
Gala Gala (GALA) $0.02 ↑ 0.84%
The Sandbox The Sandbox (SAND) $0.30 ↑ 1.07%
Aerodrome Finance Aerodrome Finance (AERO) $0.88 ↓ -1.47%
Pendle Pendle (PENDLE) $4.47 ↑ 2.73%
Pyth Network Pyth Network (PYTH) $0.13 ↑ 2.81%
Jito Jito (JTO) $1.97 ↓ -1.05%
Home Cryptocurrency

XRP Completes ABC Correction: Is $3.62 the Next Target?

David Moore by David Moore
30 January 2025
in Cryptocurrency, News
Reading Time: 2 mins read
0
XRP is price surge towards 3.62. The image features a glowing XRP coin breaking through a resist

XRP has completed an ABC correction pattern, setting the stage for a potential bullish rally. As technical indicators support growing buying pressure, analysts predict that if XRP secures a daily close above $3.20, it could climb towards the $3.45 – $3.62 range.

Qubetics is 728x90 1 3

Table of Contents

Toggle
  • XRP’s ABC Correction and Bullish Reversal
    • YOU MAY BE INTERESTED
    • Is Bull Season Back? MoonBull’s Best Crypto Whitelist Sparks Action as Turbo Gains and Pepe Retreats
    • BREAKING: OSL Group Secures $300M to Build the Future of Regulated Crypto in Asia
  • Technical Indicators Show Strength
  • Can XRP Reach $3.62?

XRP’s ABC Correction and Bullish Reversal

Following recent price movements, XRP successfully completed its ABC correction. The asset surged to $2.90 on December 3, then retraced to $2.16 in wave A. In wave B, it briefly rebounded to $2.65, before dipping below $2.00 in wave C to finalize the correction. Now, XRP has exited a descending parallel channel, reclaiming key price levels. If bullish momentum continues, a potential move toward $3.62 may be underway.

YOU MAY BE INTERESTED

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Technical Indicators Show Strength

The market’s renewed interest is evident in rising trading volume. The Relative Strength Index (RSI) is recovering from the oversold zone, moving towards neutral-bullish territory. A breakout above 50 could further confirm the uptrend. Meanwhile, Bollinger Bands indicate increased volatility, as XRP rebounded from the lower band. However, the 20-period EMA at $3.08 acts as a short-term resistance level.

unnamed 6

Additionally, the MACD indicator signals growing bullish momentum after crossing above the signal line. Yet, with the histogram remaining flat, more buying pressure is needed for a sustained breakout. Analysts suggest that if XRP stays above $2.60, it could surge towards $3.45 – $3.62.

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Can XRP Reach $3.62?

For XRP to maintain its upward trajectory, it must break the descending trendline on the daily chart. Experts believe that a daily close above $3.20 could provide a strong foundation for a rally toward $3.45 and $3.62. However, if resistance around $3.00 – $3.10 holds, XRP may consolidate between $2.80 – $3.00 before attempting another breakout.

Stay tuned to Turkish NY Radio for the latest insights into crypto trends, technical analysis, and market movements.

Tags: ABC correctionbullish momentumtechnical indicatorstrading volumeXRP
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David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

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