XRP Price Shows Signs of Strong Comeback: The XRP price is displaying signs of a strong comeback, as per TradingView crypto analyst ‘The Signalyst.’ The cryptocurrency is trading within a rising channel and nearing a key support zone, indicating potential bullish momentum. XRP Price Gets Back In Action: According to a recent TradingView analysis by […] Сообщение «Аналитик утверждает: XRP вернулся, вот почему» появились сначала на КриптоВики.
The XRP price is displaying signs of a strong comeback, as per TradingView crypto analyst ‘The Signalyst.’ The cryptocurrency is trading within a rising channel and nearing a key support zone, indicating potential bullish momentum.
According to a recent TradingView analysis by The Signalyst, XRP is gearing up for its next bullish move. The cryptocurrency has been ascending within an Ascending Channel, showcasing a positive price trend with higher highs and higher lows.
The interaction of XRP’s price with a key demand zone, known for its historical support and resistance significance, is particularly noteworthy. The confluence of support levels at the green horizontal zone and the rising channel’s lower boundary reinforces the potential for a bullish trend.
Technical signals suggest that XRP may be on the brink of a major breakout, reminiscent of the historic rally in 2017. The Stochastic Relative Strength Index (SRSI) indicator crossing the 80 level, a signal previously observed before a 20X surge, indicates a potential for significant volatility.
Despite expectations of a surge, analysts warn of a subsequent sharp correction. Past instances of similar indicators have led to notable price fluctuations, with XRP experiencing significant gains followed by substantial price corrections.
Сообщение «Аналитик утверждает: XRP вернулся, вот почему» появились сначала на КриптоВики.