XRP’s Current Calm Deceptive? Charts Hint At Big Price Moves Fast
- XRP holds steady as the crypto market slows over the holiday weekend.
- Analyst spots repeating pattern in XRP’s long-term price chart.
- Historical trends suggest XRP could jump to $12 or higher.
With the Memorial Day market closing in the U.S. on Monday, May 26, crypto markets have slowed down, with trading volume dropping nearly 20%. Most major cryptocurrencies, including XRP, are seeing minimal movement. However, many analysts believe this calm won’t last long. According to recent chart patterns and market trends, XRP could be preparing for a major breakout in the coming weeks.
Analysts Predict Big Gains for XRP
XRP has been trading around $2.30 and $2.34 recently, holding steady after a strong 430% increase earlier. According to analysts, this price behavior is similar to past market cycles that led to big price jumps. Historical patterns show that when XRP consolidates like this, it often makes a sharp move soon after.
XRP’s 21-Month EMA Interaction Historically Triggers Massive Swings
One popular crypto analyst, known as EGRAG Crypto, has closely studied XRP’s price movements over the years. He explained that XRP’…
The post XRP’s Current Calm Deceptive? Charts Hint At Big Price Moves Fast appeared first on Coin Edition.
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XRP’s Current Calm Deceptive? Charts Hint At Big Price Moves Fast
- XRP holds steady as the crypto market slows over the holiday weekend.
- Analyst spots repeating pattern in XRP’s long-term price chart.
- Historical trends suggest XRP could jump to $12 or higher.
With the Memorial Day market closing in the U.S. on Monday, May 26, crypto markets have slowed down, with trading volume dropping nearly 20%. Most major cryptocurrencies, including XRP, are seeing minimal movement. However, many analysts believe this calm won’t last long. According to recent chart patterns and market trends, XRP could be preparing for a major breakout in the coming weeks.
Analysts Predict Big Gains for XRP
XRP has been trading around $2.30 and $2.34 recently, holding steady after a strong 430% increase earlier. According to analysts, this price behavior is similar to past market cycles that led to big price jumps. Historical patterns show that when XRP consolidates like this, it often makes a sharp move soon after.
XRP’s 21-Month EMA Interaction Historically Triggers Massive Swings
One popular crypto analyst, known as EGRAG Crypto, has closely studied XRP’s price movements over the years. He explained that XRP’…
The post XRP’s Current Calm Deceptive? Charts Hint At Big Price Moves Fast appeared first on Coin Edition.
Read More
VivoPower (VVPR) Details $121M XRP Treasury With Saudi Royal Backing