XRP Hot Streak Cools as Traders Hit a Wall: Where Does It Go Next?

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XRP erased its most bearish signal last week, posting a 46% gain over seven days to reach a market cap of $91 billion. The crypto market flipped from fear to extreme greed this week, pushing XRP to a high of $1.5505 before pulling back to $1.4554. The Average Directional Index at 44.8 confirms the strength of this move, but the RSI at 76.8 signals overbought territory. The death cross remains active, with the 50-day moving average below the 200-day, suggesting a bearish medium-term trajectory. Until XRP reclaims the $1.5507 level, the base case leans toward a pullback toward $1.4342.

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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.

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