“XRP’s Next Big Move: Is It Ready to Shatter the Sky?”

In the swirling vortex of crypto speculation, one seemingly innocuous line—yes, you read that right, a line—has captured the gaze of market strategist Dom (@traderview2). On his freshly minted update on X, Dom points out that XRP’s next move hinges on this razor-thin thread of a technical line. Behold, the chart he presents from TradingView, which features the Binance XRP/USDT pair, finds itself teasing at $2.48-2.50 overnight before stalling—oh so gracefully—at the volume-weighted average price (VWAP) anchored to that almost mythical 2018 all-time high (or ATH VWAP, for the initiated, and yes, it’s green).

Since late January, this descending VWAP has become the ultimate party pooper, putting a cap on every ambitious rally attempt, triggering swift rejections like an unwanted guest at your birthday party. Four times, this line has swept away the crypto crowd with an icy “No entry” sign. The latest of these performances? A brief flirtation with $2.4082, followed by a slow, almost apologetic retreat to $2.3644, leaving nothing but a delicate upper wick just under the VWAP. Dom, ever the optimist, calls this reaction “expected.” Naturally. The market, after all, has a *very* clean technical memory—like a goldfish that remembers every “No” it’s ever gotten.

But, hold on to your hats! Dom is quick to note that XRP has reclaimed an intermediate pivot: the elusive quarterly VWAP at around $2.30. And here comes the real drama, folks—this level is being “back-tested.” Intraday, no less. Should XRP manage to cling to this level, price action will be wedged like an uncomfortable seat on a crowded subway, between $2.30 support and the ATH VWAP’s resistance at $2.48-2.50. A decisive victory above the latter? Oh, sweet freedom—according to Dom, that would “open the sky” for an epic breakout. Imagine that: XRP’s grand escape from its January $3.50 hangover.

Could XRP Be About to Break Through the Moon’s Atmosphere? 🌕🚀

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In the great game of crypto, it all comes down to this. The immediate roadmap for XRP, as Dom sees it, is pure binary drama. First, it must defend the $2.30 quarterly VWAP. This level has recently switched from resistance to support, making it a bit of a hot potato. If XRP holds onto this support like your grandma holds onto her cat, traders will continue poking at that ATH VWAP ceiling. But, oh, if they lose it? Expect the path of least resistance to lean right back into the mid-$2.00s, where April’s congestion is still fresh in everyone’s minds.

But—and here’s the catch—should the bulls finally muster the courage to break free above the descending VWAP—something they’ve yet to do this year—then the skies will be clear for a glorious ascent. Dom sees nothing standing in their way until the mid-$2.70s, which conveniently marks the lower boundary of the late-January distribution block. No obstacles, no excuses, just pure crypto heaven.

At press time, XRP was hanging out at a casual $2.46.

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2025-05-12 22:50