XRP/BTC Signals Potential Bullish Breakout After Super Guppy Compression

Market analyst Egrag Crypto suggests a potential major shift in the XRP/BTC pair due to a "Super Guppy Compression," indicating possible bullish breakout.

XRP/BTC Super Guppy Compression Analysis

XRP/BTC has entered a transition phase with price action tightening after a multi-year decline.
The Super Guppy Compression shows full ribbon compression across short- and long-term Moving Averages, signaling upcoming volatility expansion and exhausted selling pressure.
Short-term Moving Averages are turning green, suggesting early bullish momentum; long-term ribbons are flattening, indicating easing of the downward trend.
The pair is in a base-building stage, showing a bullish rectangular pattern with repeated bounces off support and resistance rejections.
This behavior aligns with reaccumulation patterns, signaling a potential upward move.

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Future Predictions for XRP/BTC

Egrag Crypto forecasts a 60-70% chance of a bullish breakout within the next three to six months.
There is a 30-40% possibility of extended consolidation if the market structure breaks, which is deemed unlikely.
Key targets: If XRP/BTC crosses the red resistance line at ~$0.0000338, it may rise to $0.000091 and then to $0.00014. If a structure break occurs, it could fall from $0.0000193 to $0.00000668.

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