XRP, short-term adjustment with a long-term outlook 'clear'... Potential for a 10x increase during the alt season

Source: DigitalToday Original Title: XRP, Long-term Outlook 'Clear' Despite Failure to Break Key Resistance Levels… Attention on Altseason Original Link: https://www.digitaltoday.co.kr/news/articleView.html?idxno=609246

With XRP fluctuating around the $2 support level, forecasts suggest that the upcoming bull market could be ten times larger.

XRP has recently fallen by 7.6% in the last 24 hours, dropping to $2.03. In the short term, volatility continues between $2.02 and $2.21, and there are concerns about further declines if the $2 support level is breached.

According to technical analysis, XRP is still trading below the Bollinger Band middle line at 2.16, with the upper band at 2.38 acting as a strong resistance level. The lower band at 1.93 serves as a key support level defending against the recent downward trend. The Stochastic RSI indicator recorded 71.52 and 83.10, suggesting that upward momentum is weakening. In the short term, if the resistance levels of 2.16 and 2.38 are not broken, the downward pressure is likely to continue.

However, the long-term outlook is positive. A cryptocurrency analyst claimed that the next altcoin season will be much larger than the previous cycles, and that XRP will play a key role. Analyzing the past altcoin-to-bitcoin ratios, it is highly likely that a new 'Altcoin Season III' will begin in 2026, following 2017 and 2021. In particular, XRP is expected to show more than ten times the strength of its rise compared to 2021 in this cycle.