Analyst Spots a Big God Candle Set to Pump XRP Price Massively

Prominent crypto analyst CoinsKid (@Coins_Kid) is closely watching XRP. He sees a developing bullish structure that could soon trigger a significant price rally.

In a recent post, he pointed to a possible Wyckoff spring that may have already been printed. A Wyckoff spring occurs when the price briefly dips below a key support level before reversing sharply.

It is a classic accumulation signal, and CoinsKid now believes a truncation in early April may have completed the final fifth wave down, cutting the spring short. That truncation, if confirmed, suggests the distribution phase has ended, and buyers are regaining control.

A Tight Stop and a Big Target

CoinsKid describes the setup as a potential “GOD CANDLE” move. This refers to a sharp, high-momentum bullish candle that rapidly closes a significant portion of prior losses. The setup carries a tight invalidation point, sitting slightly below the current price of $1.45. That proximity to current levels makes the risk-reward ratio particularly notable. A small downside risk sits against the potential for a major upward move.

According to CoinsKid, he is using a “no bias price structure,” and shows strong conviction in his methodology. He uses it to strip away directional assumptions and read the chart objectively.

The Structural Significance of the Current Setup

XRP’s recent price action aligns with the conditions CoinsKid monitors for high-probability reversals. The early April lows represent a critical zone. CoinsKid believes the price may have completed a five-wave decline at that point. In Elliott Wave theory, a completed five-wave move signals exhaustion of the prevailing trend. A corrective or impulsive move in the opposite direction typically follows.

The potential Wyckoff truncation reinforces this reading. Rather than pushing to a new low to complete the spring, XRP stopped short. Truncations can signal strong underlying demand. Sellers lacked the force needed to push the asset lower. CoinsKid flagged this as a meaningful development, describing it as what could invalidate his prior expectations.

The bullish invalidation point he references acts as the line in the sand. Price holding above that level keeps the setup intact. A decisive break below it would negate the thesis.

What to Expect

CoinsKid indicated he plans to release a video outlining the invalidation level in detail. XRP sits at a technically sensitive level. CoinsKid’s analysis identifies a completed five-wave decline, a possible Wyckoff truncation, a tight stop, and the conditions necessary for a sharp bullish move. Whether the God candle materialises depends on the asset holding its current structure.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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