Technical analysis by CryptoColugo about Symbol XRP on 4/7/2025

CryptoColugo
XRP - one of the best looking ALT

A lot of fear happened in the market and a lot of people are out after this flush. I believe XRP is one of the better looking coins, most coins are trading near all time low while XRP is still trading around 2 dollars. What i mean is that once buyers get more confident that a bottom is formed, a lot of coins will see 100 or 200% to the upside. While most coins will not see an all time high at that moment, XRP will trade above 4 dollar just with a 100% increase. When we look at the charts i believe that a 5th wave still need to happen and that we can reach between 15 and 20 dollars at the peak. Keep a few things in mind what can be a catalyst for XRP to surge. Many ETF's are waiting to be launched, the SEC will in the near future conclude the case against Ripple.. Let's take a look at following chart's what also can be bullish.This the inverse chart (upside down) Retest of broken support, ready for continuation..ETH about 245% away from ATH, XRP 68% awayThe bitcoin dominance chart is hitting a RSI level of 70! Which never happened before. IMO ALTS will soon explode compared to BTC. I'm ready for the final wave up.On a monthly timeframe we touched the 0.618 fib and 12 EMAOn the 3D chart we see a nice bullflag with a tjhe Pole soon tested again. If we measure the move of the bullflag and project it to a possible bullish break, we could move towards 10 dollar.