{"id":140434,"date":"2024-10-24T11:30:56","date_gmt":"2024-10-24T08:30:56","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=140434"},"modified":"2024-10-23T18:07:19","modified_gmt":"2024-10-23T15:07:19","slug":"will-xrps-2025-breakout-defy-current-downtrend","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-xrps-2025-breakout-defy-current-downtrend\/","title":{"rendered":"Will XRP&#8217;s 2025 Breakout Defy Current Downtrend?"},"content":{"rendered":"<p>On the negative side, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a> <\/strong>faces pressure from its escrow schedule, releasing vast amounts of tokens, and ongoing legal challenges from the SEC against Ripple Labs. Conversely, Ripple\u2019s expansion into decentralized finance (DeFi), crypto custody, and the stablecoin sector presents potential growth opportunities, as these initiatives could drive demand for XRP.<\/p>\n<p>Despite occasional surges, such as a rally sparked by Elon Musk\u2019s mention of the token, a substantial upward trend remains elusive. However, technical analysis suggests a potential breakout could be on the horizon.<\/p>\n<p>A recent chart shared by trading expert MetaShackle <strong><a href=\"https:\/\/www.tradingview.com\/chart\/XRPUSD\/MlElDvQg-THE-XRP-BREAKOUT-CHART-May-predict-the-month-of-the-breakout\/\" target=\"_blank\" rel=\"nofollow\">reveals<\/a> <\/strong>a recurring pattern since 2014 that indicates significant price increases follow specific events: a fair value gap, a liquidation candle breaking trendlines, and a breakout on the eighth monthly candle.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/new-crypto-cashback-partnership-enables-ada-rewards\/\" title=\"New Crypto Cashback Partnership Enables ADA Rewards\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/04\/cardano-17-luchec-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">New Crypto Cashback Partnership Enables ADA Rewards<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Currently, XRP is forming a wedge pattern, with projections suggesting a breakout could happen between late February and early March 2025. Although the earliest potential breakout might be around July or August, a decline in trading volume could hinder or postpone any forthcoming rallies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP has experienced significant volatility throughout 2024, with a 14.26% decline since the year&#8217;s start. Several key factors have influenced this price movement.<\/p>\n","protected":false},"author":3,"featured_media":50432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-140434","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will XRP&#039;s 2025 Breakout Defy Current Downtrend?<\/title>\n<meta name=\"description\" content=\"XRP has experienced significant volatility throughout 2024, with a 14.26% decline since the year&#039;s start. 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