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XRP is Under Pressure From a Descending Trend line: Analyst


by CoinEdition
Will XRP Price Soar or Decline in the Unforeseeable Future
  • EGRAG CRYPTO has provided insight into the XRP price’s development.
  • A crucial pattern on the XRP daily chart is influencing traders’ sentiments.
  • There are possibilities that could lead to a bullish trend based on technical indicators.

A renowned crypto analyst known as EGRAG CRYPTO on X has provided insight into the XRP price’s development. EGRAG observed a crucial pattern influencing traders’ sentiments, noting the possibilities that could lead to a bullish trend based on technical analysis.

EGRAG identified two descending trend lines on the XRP daily chart that have posed significant resistance to the price. The crypto analyst described the descending trendlines as DTL ‘A’ and DTL ‘B’, with DTL ‘A’ representing the descending trend line closest to the XRP price at the time of the analysis.

According to E…

The post XRP is Under Pressure From a Descending Trend line: Analyst appeared first on Coin Edition.

Read the article at CoinEdition

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XRP is Under Pressure From a Descending Trend line: Analyst


by CoinEdition
Will XRP Price Soar or Decline in the Unforeseeable Future
  • EGRAG CRYPTO has provided insight into the XRP price’s development.
  • A crucial pattern on the XRP daily chart is influencing traders’ sentiments.
  • There are possibilities that could lead to a bullish trend based on technical indicators.

A renowned crypto analyst known as EGRAG CRYPTO on X has provided insight into the XRP price’s development. EGRAG observed a crucial pattern influencing traders’ sentiments, noting the possibilities that could lead to a bullish trend based on technical analysis.

EGRAG identified two descending trend lines on the XRP daily chart that have posed significant resistance to the price. The crypto analyst described the descending trendlines as DTL ‘A’ and DTL ‘B’, with DTL ‘A’ representing the descending trend line closest to the XRP price at the time of the analysis.

According to E…

The post XRP is Under Pressure From a Descending Trend line: Analyst appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin Seeing Severe Exhaustion of Bullish Momentum

Bitcoin Seeing Severe Exhaustion of Bullish Momentum

BTC's positive dealer gamma at $120K is likely adding to consolidation, with key char...
XRP Price Prediction for July 27, 2025

XRP Price Prediction for July 27, 2025

After posting an explosive breakout from long-term compression near $2.20, XRP price ...