Technical analysis by Mega_Crypto about Symbol XRP: Buy recommendation (2/20/2025)

Currently, XRP has formed on multiple time frames a large cup and handle pattern. Usually, these are signs of a very bullish push upward after the handle is formed and can still take some time to work upward however, it’s looking good so far. Notoriously XRP has had suppression and sell orders At many different points throughout its climb. Especially at points when people expect a shoot up there is a liquidity trap that happens regularly for XRP Before a push up or down. With the news coming out all the time about XRP and ripple labs and the adoption of it worldwide as well as ETFs being acknowledged and soon approved. This will open the floodgates for large Investors. If we have bad news, come in obviously this will affect XRP since crypto is very volatile with news whether it’s good or bad. And we should Tend to expect buying the rumor and selling the news for a lot of Institutional investors. They have lots of money, but nothing compared to those waiting for ETFs and regulations to get finalized.How XRP functions and growsRLUSD relies on XRP for cross border transactions. That’s a huge daily and yearly market. Whatever amount of RLUSD is sent from one country to another then you need that same amount in XRP as the transfer of value from one country to the next. XRPL is being established as the standard with many many other cryptos and old money wanting to use it because of its tech, speed, very low cost, and knowing the owner and team helps. Ripple is now going after and partnering with RWA and derivatives companies to tokenize real world assets. That’s a $1-4 Quadrillion market. Even if it was 25% they took over, XRP would be valued well into the thousands. XRP is decentralized while RLUSD is centralized, making it a great combination for oversight and updating of the ledger when needed for infrastructure optimizations. XRP is potentially being added into the USA digital reserve. If that alone happens, not counting what I just said above, that alone would drive prices up very fast for XRP. If the USA took on all or most of the XRP escrow ripple labs has then that’s essentially 40 billion XRP going into a reserve. Basically burned since they wouldn’t touch it. That would sky rocket the arms race for other large countries to buy up XRP themselves of whatever’s left. These are just a few of the things happening for XRP. Let alone ETFs, Regulations, Commodity confirmation and much much more. Thank you for reading this. Check out my daily technical analysis on my TikTok account Mega_Crypto