XRP News Today: XRP and HBAR Remain in Bullish Trends Despite Rising Bearish Signals

Crypto analyst Steph Is Crypto has issued a major technical warning for investors in XRP and HBAR, emphasizing the need for caution despite ongoing bullish trends. In a detailed video analysis, he highlighted that both assets have formed higher highs and higher lows on the three-day timeframe, signaling continued upward movement. XRP, in particular, is forming a classic bull flag pattern, with $3 serving as a critical support level. The analyst noted that multiple three-day candles have closed above this level, reinforcing its significance. A breakdown below $3, however, could signal a bearish reversal [1].

For XRP, the next key price targets have been identified using Fibonacci extension levels. The 1.618 level at $3.60 has already been reached, with the next target at $4.65 based on the 2.618 extension. If the price continues to break higher, the 3.618 level could push the asset toward $5.69. HBAR, similarly, has reached the $0.30 level at the 1.618 Fibonacci target, with $0.40 and $0.50 as the next potential milestones if the trend continues [1].

Steph also pointed to broader market conditions that could impact these assets. The recent U.S. Producer Price Index (PPI) rose to 3.3%, surpassing expectations and stoking inflationary concerns. This led to a spike in long-position liquidations, with $460 million in positions being closed in a single hour. Despite this volatility, he believes the overall trend remains bullish [1].

Liquidity analysis shows that XRP has substantial liquidity both above and below current levels, suggesting potential for sharp price swings in either direction. Whale activity has also raised concerns, with a nearly $15 million XRP long position being closed. Over 95% of the XRP supply is currently in profit, a condition historically linked to increased selling pressure and volatility [1].

HBAR search volume has reached a 90-day high, signaling increased market attention. This has been accompanied by a sharp rise in the funding rate, especially following news of a Grayscale HBAR ETF filing. XRP’s funding rate, meanwhile, has remained positive for 46 consecutive days, suggesting strong market sentiment for further gains, though also indicating the risk of overheated expectations [1].

Market sentiment is reflected in the fear-and-greed index, which is currently at 75—just below the “extreme greed” threshold. This level is often followed by short-term corrections. The altcoin season index sits at 51, suggesting there is still room for upward movement before corrections become likely at readings above 75 [1].

Longer-term charts reveal additional cautionary signals for XRP. The monthly RSI is approaching a multi-year downward trendline, which historically has signaled major corrections. A bearish divergence is also forming on the stochastic RSI, which could result in a multi-week or multi-month pullback once a final local top is reached [1].

Despite these concerns, Steph maintains a bullish outlook for both XRP and HBAR in the short term. He reiterated price targets of $4.65 and $5.69 for XRP, and $0.40 to $0.50 for HBAR, before a potential correction. He warned traders using leverage to exercise caution and advised securing profits as the market moves closer to overbought conditions.

Patrick L Riley, another analyst, has also issued a bearish warning for XRP, noting the formation of a rising wedge pattern. This pattern is typically seen as a precursor to a downward correction, especially if the asset fails to break through the pattern’s upper resistance [2].

Meanwhile, HBAR is forming a bullish pennant pattern, with the price compressed within its bounds. A successful breakout could push the asset toward $0.40 [4]. However, both analysts agree that volatility and uncertainty remain significant factors, and investors should remain vigilant.

Ripple’s recent launch of RLUSD, a stablecoin on the XRP Ledger, has also contributed to short-term optimism. The stablecoin received approval from the New York Department of Financial Services (NYDFS), and Ripple CEO Brad Garlinghouse has expressed confidence in the potential for an XRP ETF to drive institutional adoption [5]. However, some analysts, such as Antonio Di Giacomo of XS.com, suggest that a full recovery may not occur until 2026 [5].

In summary, while XRP and HBAR remain in technical uptrends, the presence of bearish patterns, macroeconomic pressures, and whale activity suggest that caution is warranted. Investors are advised to monitor key levels closely and consider securing profits as the market approaches historically significant overbought conditions.

Sources:

[1] title: Analyst Issues Major Technical Warning for XRP and HBAR Investors, url: https://timestabloid.com/analyst-issues-major-technical-warning-for-xrp-and-hbar-investors/

[2] title: XRP News Today: XRP Faces Rising Wedge Pattern as Analyst Warns Bearish Signals, url: https://www.ainvest.com/news/xrp-news-today-xrp-faces-rising-wedge-pattern-analyst-warns-bearish-signals-2508/

[4] title: Hedera Hashgraph (HBARUSD) Stock Message Board, url: https://investorshub.advfn.com/Hedera-Hashgraph-HBARUSD-37173

[5] title: How XRP Price Crash Was Foretold by Funding Rate But ETF-led Institutional Adoption Will Melt Faces, url: https://cryptorank.io/news/feed/a99e2-xrp-crash-foretold-by-funding-rate-but-prices-will-melt-faces-in-2025-on-etf-led-institutional-adoption