{"id":611917,"date":"2025-06-07T20:00:50","date_gmt":"2025-06-07T20:00:50","guid":{"rendered":"https:\/\/uniquehot.com\/?p=611917"},"modified":"2025-06-11T07:41:40","modified_gmt":"2025-06-11T07:41:40","slug":"inverted-hammer-xrp-price-chart","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ripple\/inverted-hammer-xrp-price-chart\/","title":{"rendered":"Inverted Hammer Appears On The XRP Price Chart, Crypto Analyst Picks First Target Of $0.75"},"content":{"rendered":"

Crypto analyst Egrag Crypto<\/span><\/a> has revealed a bullish pattern that recently formed on the <\/span>XRP price chart<\/span><\/a>. The analyst also revealed how high the crypto token could rise once it makes this move to the upside.\u00a0\u00a0<\/span><\/p>\n

Inverted Hammer Forms On The Chart<\/h2>\n

Egrag highlighted an <\/span>Inverted hammer<\/span><\/a> that had formed on <\/span>XRP\u2019s chart<\/span><\/a> while noting how bullish this was for the crypto token. He claimed that last month\u2019s candle formation showed a 75% Inverted Hammer at the bottom, which is \u201csuper bullish\u201d for XRP. Egrag believes this is an \u201camazing sign\u201d that the altcoin could rise to $0.75 soon enough. He added that July will be a \u201cmonth of fireworks\u201d for XRP.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders?<\/a><\/div>\n
\"XRP
Source: X<\/figcaption><\/figure>\n

XRP’s possible rise to $0.75 is significant, as Egrag had <\/span>previously highlighted<\/span><\/a> that price level as a \u201c<\/span>critical breakout point<\/span><\/a>\u201d for XRP. Back then, he mentioned that XRP was \u201cpoised\u201d to achieve this breakout in the coming weeks. He suggested an XRP breakout above that price level would send it to $1.5, and the crypto token could enjoy a further upward trend to $7.5.\u00a0<\/span><\/p>\n

Crypto analyst CasiTrades<\/span><\/a> also recently provided a bullish narrative for the altcoin. She stated that the crypto token is maintaining its bullish momentum and bouncing off the 0.382 retracement level. The analyst added that XRP has finally flipped a trendline that had acted as resistance for months to support.<\/span><\/p>\n

\"XRP
Source: X<\/figcaption><\/figure>\n

Meanwhile, CasiTrades highlighted $0.54 as a price level to keep an eye on, stating that XRP could encounter resistance at that level. She suggested that the coin could enjoy a parabolic move if it breaks out above that price level, remarking that it is a \u201ccrucial level to watch for a potential breakthrough.\u201dCasiTrades <\/span>previously raised<\/span><\/a> the possibility of the altcoin rising to as high as $80 when it breaks out from a consolidation triangle.\u00a0<\/span><\/p>\n

XRP Is On The Brink Of A Parabolic Rally<\/h2>\n

Crypto analyst Mikybull Crypto<\/span><\/a> recently suggested that XRP was on the brink of a parabolic rally. He stated in an <\/span>X post<\/span><\/a> that the token is currently at the level it was in 2017 and 2020, which triggered a \u201cmassive rally\u201d for the crypto token on both occasions. In 2017, the altcoin enjoyed a price gain of <\/span>61,000% in 280 days<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: Shiba Inu Open Interest Returns To February 2024 Levels, What Happened Last Time?<\/a><\/div>\n

The chart that Mikybull Crypto shared showed that the altcoin could rise to as high as $5. Meanwhile, crypto analyst <\/span>XRP Captain<\/span><\/a> claimed that the altcoin was ready for the \u201cmassive breakout.\u201d He claimed that XRP is in the \u201cmiddle of apex. \u201d <\/span>Crypto analyst Jaydee<\/span><\/a> also agreed with XRP Captain that a breakout is imminent, <\/span>stating<\/span><\/a> that \u201cit\u2019s coming,\u201d although he claimed that \u201cbeginners\u201d will miss out on the run.<\/span><\/p>\n

At the time of writing, XRP is trading at around $0.52, up in the last 24 hours, according to <\/span>data<\/span><\/a> from CoinMarketCap.\u00a0<\/span><\/p>\n

\"XRP
Bulls maintain control of price | Source: XRPUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Egrag Crypto has revealed a bullish pattern that recently formed on the XRP price chart. The analyst also revealed how high the crypto token could rise once it makes this move to the upside.\u00a0\u00a0 Inverted Hammer Forms On The Chart Egrag highlighted an Inverted hammer that had formed on XRP\u2019s chart while noting how bullish this was for the crypto token. He claimed that last month\u2019s candle formation showed a 75% Inverted Hammer at the bottom, which is \u201csuper bullish\u201d for XRP. Egrag believes this is an \u201camazing sign\u201d that the altcoin could rise to $0.75 soon enough. He added that July will be a \u201cmonth of fireworks\u201d for XRP.\u00a0 Related Reading: Bitcoin Price Surge To $71,000 Sends All Long-Term Holders Into Profit, What About Short-Term Holders? XRP’s possible rise to $0.75 is significant, as Egrag had previously highlighted that price level as a \u201ccritical breakout point\u201d for XRP. Back then, he mentioned that XRP was \u201cpoised\u201d to achieve this breakout in the coming weeks. He suggested an XRP breakout above that price level would send it to $1.5, and the crypto token could enjoy a further upward trend to $7.5.\u00a0 Crypto analyst CasiTrades also recently provided a bullish narrative for the altcoin. She stated that the crypto token is maintaining its bullish momentum and bouncing off the 0.382 retracement level. The analyst added that XRP has finally flipped a trendline that had acted as resistance for months to support. Meanwhile, CasiTrades highlighted $0.54 as a price level to keep an eye on, stating that XRP could encounter resistance at that level. She suggested that the coin could enjoy a parabolic move if it breaks out above that price level, remarking that it is a \u201ccrucial level to watch for a potential breakthrough.\u201dCasiTrades previously raised the possibility of the altcoin rising to as high as $80 when it breaks out from a consolidation triangle.\u00a0 XRP Is On The Brink Of A Parabolic Rally Crypto analyst Mikybull Crypto recently suggested that XRP was on the brink of a parabolic rally. He stated in an X post that the token is currently at the level it was in 2017 and 2020, which triggered a \u201cmassive rally\u201d for the crypto token on both occasions. In 2017, the altcoin enjoyed a price gain of 61,000% in 280 days.\u00a0 Related Reading: Shiba Inu Open Interest Returns To February 2024 Levels, What Happened Last Time? The chart that Mikybull Crypto shared showed that the altcoin could rise to as high as $5. Meanwhile, crypto analyst XRP Captain claimed that the altcoin was ready for the \u201cmassive breakout.\u201d He claimed that XRP is in the \u201cmiddle of apex. \u201d Crypto analyst Jaydee also agreed with XRP Captain that a breakout is imminent, stating that \u201cit\u2019s coming,\u201d although he claimed that \u201cbeginners\u201d will miss out on the run. At the time of writing, XRP is trading at around $0.52, up in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":611932,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16894],"tags":[167,6664,26263,14690,3680,17209,4531,83637,13172,10972,78763],"class_list":["post-611917","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ripple","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-ripple","tag-ripple-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"acf":[],"yoast_head":"\nInverted Hammer Appears On The XRP Price Chart, Crypto Analyst Picks First Target Of $0.75<\/title>\n<meta name=\"description\" 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Inverted Hammer Appears On The XRP Price Chart, Crypto Analyst Picks First Target Of $0.75","url":"http:\/\/uniquehot.com\/news\/ripple\/inverted-hammer-xrp-price-chart\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ripple\/inverted-hammer-xrp-price-chart\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/XRP-price-2.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/XRP-price-2.jpeg?fit=1024%2C1024"},"articleSection":"Ripple","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["analyst","crypto","crypto analyst","crypto news","ripple","ripple news","xrp","xrp news","xrp price","xrpusd","xrpusdt"],"dateCreated":"2025-06-07T20:00:50Z","datePublished":"2025-06-07T20:00:50Z","dateModified":"2025-06-11T07:41:40Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Inverted Hammer Appears On The XRP Price Chart, Crypto Analyst Picks First Target Of $0.75\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/inverted-hammer-xrp-price-chart\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ripple\\\/inverted-hammer-xrp-price-chart\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/XRP-price-2.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/XRP-price-2.jpeg?fit=1024%2C1024\"},\"articleSection\":\"Ripple\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"analyst\",\"crypto\",\"crypto analyst\",\"crypto news\",\"ripple\",\"ripple news\",\"xrp\",\"xrp news\",\"xrp price\",\"xrpusd\",\"xrpusdt\"],\"dateCreated\":\"2025-06-07T20:00:50Z\",\"datePublished\":\"2025-06-07T20:00:50Z\",\"dateModified\":\"2025-06-11T07:41:40Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/06\/XRP-price-2.jpeg?fit=1024%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/611917"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=611917"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/611917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/611932"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=611917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=611917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=611917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}