XRP Enters Historical Window That Has Previously Led To Triple-Digit Rallies
XRP’s weekly chart has entered a technical zone that has repeatedly acted as a turning point in recent years. A recent analysis shared on the social media platform X highlights a recurring relationship between XRP’s price behavior and its 50-week simple moving average, a long-term trend indicator closely watched by traders. Instead of focusing on XRP’s short-term volatility, which has been bearish, the analysis zeroes in on how extended periods below this moving average have coincided with the end of downside phases and the beginning of rally expansions. The 50-Week SMA And Why It....
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