XRP Price Prediction: Ripple Prints Most Bullish RSI Ratio Since Covid

Share

XRP trades at $1.32, sitting comfortably inside the $1.30-$1.34 support zone that has held since the mid-September selloff. The two-week RSI ratio has dropped to approximately 33.5, the lowest reading in the token’s history, surpassing levels seen in 2018, the Covid crash, and the 2022 bear market. The Senate’s failure to pass the CLARITY Act knocked XRP down roughly 11%. A bull case targeting a reclaim above $1.34 with significant volume opens the door to $1.39-$1.45, while a breakdown below $1.28 would invalidate the oversold-bounce thesis and reopen the path toward $1.26.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles