XRP Charts Flash Buy Signals Ahead of Possible 25% July Rally
A death cross and liquidation data are aligning in XRP's favor, with one analyst targeting a near-term 25% relief rally and an $8 longer-term goal.
XRP is flashing two contradictory signals at once — and traders who know how to read the setup might be sitting on a short-term opportunity. A death cross has formed on the chart, which normally spooks retail holders into selling. But here's the contrarian play: death crosses in crypto often mark exhaustion bottoms, not the start of deeper declines.
Liquidation data is adding fuel to the bull case. When leveraged shorts pile in around a technical breakdown, the stage is set for a violent squeeze higher. That's exactly the kind of setup that can generate a 25% move in a matter of days, not weeks. July is shaping up as the window where that pressure releases.
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One analyst isn't stopping at a quick bounce. The longer-term target being floated is $8 — a level that would represent a massive move from current prices and would put XRP back in conversation with its all-time highs. That kind of target demands patience, but the short-term relief rally could be your entry signal if you're building a position.
The risk is real. Death crosses don't always flip bullish fast, and liquidation setups can reset without triggering the squeeze traders expect. Size your position accordingly and watch volume closely — a rally without volume confirmation is a trap, not a trend. The charts are hinting, not guaranteeing.
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