- Barron Trump fan post sends XRP community into high alert mode.
- XRP forms bull flag pattern, traders eye $3.00 breakout zone.
- Technical indicators align as volume dips ahead of a possible surge.
A post on X from the Barron Trump Fan Account has jolted the XRP community, declaring that “the next 10 days will be absolute chaos”. Market watchers note that this warning lands just as XRP enters a technical landscape often linked with explosive price action.
Currently, XRP trades at $2.97 after fluctuating between $2.70 and $2.88 during the last 24 hours. Price remains above the 50-day and 100-day moving averages, reinforcing a bullish structure and underlining steady buy-side support.
Besides solid moving averages, momentum indicators stay favorable. The Relative Strength Index holds at 64, which remains below the overbought level. Moreover, the MACD histogram expands on the positive side, confirming rising bullish momentum.
Also Read: Bitcoin Hits All-Time High Above $122,180 as XRP and Cardano Drive Altcoin Surge
Technical Pattern and Volume Behavior Signal Imminent Market Move
On the four-hour chart, traders identify a classic bull flag, often a prelude to continuation rallies. XRP advanced from $1.95 to $2.85, then consolidated within a downward sloping channel that fits the flag profile.
A decisive move above the $2.90–$3.00 resistance band could unlock price targets near $3.30 and $3.75 levels, where sellers previously gathered.
Consequently, volume behaviour draws scrutiny. During consolidation, activity cooled, which usually precedes breakout attempts in flag setups. Analysts watch for a volume surge that might validate any upward thrust.
Additionally, derivatives data signal growing engagement without excess risk. Open interest in XRP futures climbs steadily, while funding rates stay neutral, suggesting leveraged positions remain balanced. This backdrop supports the potential for a durable move once momentum returns.
Furthermore, Fibonacci analysis from the March swing low to the recent $2.88 peak shows a bounce off the 38.2 percent retracement at $2.32. Hence, bullish traders cite the 1.618 extension, projecting longer-term ambitions around $4.10 if momentum sustains.
Market excitement intensifies as the social media post coincides with structural signals favouring volatility. Investors position carefully near the $3.00 line, anticipating confirmation from price and volume.
Conclusion
XRP sits on the verge of a critical breakout, and social buzz has amplified the atmosphere. With strong technical support, firm momentum, and rising derivatives interest, the coming days could indeed bring the chaos foreshadowed by the Barron Trump Fan Account.
Also Read: Robert Kiyosaki Buys More Bitcoin as Price Hits $119,000, Eyes $1M Target
