CrediBULL Crypto|8月 18, 2025 20:46
Chart 1: XRP/ETH has hit my downside area of interest (also midrange) after a 3 month correction that followed a 700% rally off of range lows.
Chart 2: XRP/USD is now in its 9th month of consolidation above the highest monthly close in its history.
Chart 3: ETH/USD is approaching prior ATH after completing a clean 5 wave move off of 2100 and is likely due for some consolidation as it corrects this completed impulse.
Conclusion:
When you put all this together, it suggests we are getting closer to the next period of outperformance on XRP against ETH.
Both BTC and XRP spent months consolidating at prior ATH before continuing their expansion- this makes sense because prior ATH after a severe bear market is a logical place for holders to start locking in some gains. Meanwhile, ETH is now approaching it's own prior ATH for the first time, and that too after completing a clean 5 wave impulse. It is logical to assume then, that it may take some time around these levels to consolidate and "digest" the move before continued expansion. Meanwhile, XRP is wrapping up it's 9th month of consolidation at prior ATH and is likely gearing up for it's next leg sooner rather than later. The confluence of the XRP/ETH chart at support/midrange add's to the idea that XRP may be gearing up for its next impulse while ETH may be cooling off from it's last.
It's almost time to zerp it. XRP(CrediBULL Crypto)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink