{"id":41245,"date":"2026-04-17T12:30:20","date_gmt":"2026-04-17T12:30:20","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=41245"},"modified":"2026-04-17T12:30:20","modified_gmt":"2026-04-17T12:30:20","slug":"pundit-says-this-chart-paints-the-clearest-macro-picture-for-xrp","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=41245","title":{"rendered":"Pundit Says This Chart Paints The Clearest Macro Picture For XRP"},"content":{"rendered":"<p>Crypto analyst Mattsby has highlighted the best chart for market participants seeking the clearest <a href=\"https:\/\/x.com\/matthughes13\/status\/2043766096772378939?s=20\" target=\"_blank\" rel=\"noopener nofollow\">macro picture for XRP<\/a>. He also provided a bullish outlook for the altcoin, noting that a key resistance is now flipping into support.\u00a0<\/p>\n<h2>This Chart Paints The Best Macro Picture For XRP<\/h2>\n<p>In an <a href=\"https:\/\/x.com\/matthughes13\/status\/2043766096772378939?s=20\" target=\"_blank\" rel=\"noopener nofollow\">X post<\/a>, Mattsby urged market participants to zoom out to the 2-month chart and add the 20SMA if they want to see the clear, well-defined macro trend for XRP. He noted that history shows that <a href=\"https:\/\/bitcoinist.com\/xrp-active-users-milestone\/\" target=\"_blank\" rel=\"noopener nofollow\">XRP has bullish momentum<\/a> and room to run higher whenever it is above the 20SMA. On the other hand, the altcoin could be preparing for a potentially long, painful consolidation before the next big leg, as long as it remains below this level.\u00a0<\/p>\n<p>The analyst noted that XRP has been trading this key moving average since November 2024 and that what was once resistance is now flipping into solid support. He explained that this is why he is staying bullish on the altcoin despite the current price action. Mattsby added that support is holding and that <a href=\"https:\/\/bitcoinist.com\/breaks-down-the-xrp-price\/\" target=\"_blank\" rel=\"noopener nofollow\">the macro trend<\/a> is intact.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-892166\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/XRP-chart-from-Mattsby.png?w=512&amp;resize=512%2C284\" alt=\"XRP\" width=\"512\" height=\"284\" loading=\"lazy\" \/><\/p>\n<p>Crypto analyst Chart Nerd also provided a bullish outlook for XRP. In an <a href=\"https:\/\/x.com\/ChartNerdTA\/status\/2044725724049797186?s=20\" target=\"_blank\" rel=\"noopener nofollow\">X post<\/a>, he stated that after months of sustained pressure, multiple timeframes suggest <a href=\"https:\/\/bitcoinist.com\/3-possible-xrp-price-paths-xrpl\/\" target=\"_blank\" rel=\"noopener nofollow\">bullish relief<\/a> is on the table for XRP.\u00a0 He highlighted $1.54 and $1.87 as levels the altcoin could reclaim during this relief rally. He also noted that $1.560 is the immediate resistance that XRP could face on this rally to the upside. It is worth noting that XRP is already seeing a relief rally, bouncing alongside Bitcoin and the broader crypto market.\u00a0<\/p>\n<h2>XRP Still Trapped Below A Key Resistance<\/h2>\n<p>In an <a href=\"https:\/\/x.com\/CasiTrades\/status\/2044430904261505371?s=20\" target=\"_blank\" rel=\"noopener nofollow\">X post<\/a>, crypto analyst CasiTrades warned that XRP remains trapped below resistance, noting the altcoin has been ranging below $1.6 for over 68 days. In line with this, she declared that nothing has changed on the <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-analyst-will-reach-1000\/\" target=\"_blank\" rel=\"noopener \">macro plan for XRP<\/a>. It is worth noting that the analyst is currently bearish, predicting further crashes for the altcoin.\u00a0<\/p>\n<p>CasiTrades stated that, at the moment, there is a wait for XRP to do one of two things. The first could be a move down to the macro support levels at $1.09 and $0.87. Meanwhile, the second could be a break and hold above $1.65, which will flip the market bullish. Until then, she noted that the <a href=\"https:\/\/www.newsbtc.com\/analysis\/xrp\/xrp-price-gains-strength-1-40\/\" target=\"_blank\" rel=\"noopener \">current price action<\/a> is just continued chop, with XRP stuck in a tight range between $1.28 and $1.39. The analyst added that she expects continuation toward the lower supports once XRP breaks below $1.28.\u00a0<\/p>\n<p>At the time of writing, the XRP price is trading at around $1.43, up over 2% in the last 24 hours, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" target=\"_blank\" rel=\"noopener nofollow\">data<\/a> from CoinMarketCap.<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/f6lgxgIR\/\" alt=\"XRP\" width=\"2084\" height=\"1636\" loading=\"lazy\" \/><\/p>","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Mattsby has highlighted the best chart for market participants seeking the clearest macro picture for XRP. He also provided a bullish outlook for the altcoin, noting that a key resistance is now flipping into support.\u00a0 This Chart Paints The Best Macro Picture For XRP In an X post, Mattsby urged market participants to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41246,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[51],"tags":[],"class_list":{"0":"post-41245","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-xrp"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pundit Says This Chart Paints The Clearest Macro Picture For XRP - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=41245\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pundit Says This Chart Paints The Clearest Macro Picture For XRP - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Mattsby has highlighted the best chart for market participants seeking the clearest macro picture for XRP. 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