XRP Holds $2.35 as Chart Signals Hint at Breakout, EGRAG Sets $2.65 Target
- XRP holds steady near $2.35 as bullish chart analysis points to $2.61 and $2.65 resistance targets.
- MACD and RSI show neutral to bullish momentum as EGRAG projects potential breakout for XRP.
- EGRAG’s Bermuda Triangle thesis outlines a long-term target of $27 for XRP’s price evolution.
XRP is holding firm near $2.35, gaining 1.7% in the last 24 hours, even as the broader crypto market stays volatile. The past week saw XRP dip 7.4%, but technical indicators and bullish chart calls from analyst EGRAG CRYPTO are driving renewed optimism for a breakout.
Technical Picture: Neutral RSI and Bullish MACD Build the Case
XRP’s MACD is showing a mild bullish tilt, with the MACD line holding above the signal line. Although the histogram is positive, its size points to cautious optimism rather than a strong rally.
The RSI stands near 51.79, which signals neutral territory. This suggests XRP is consolidating, preparing for a larger move. Importantly, the RSI hasn’t approached the overbought level recently, confirming this consolidation phase rather than an overheated rally.
Related: XRP Prepares for a Bullis…
The post XRP Holds $2.35 as Chart Signals Hint at Breakout, EGRAG Sets $2.65 Target appeared first on Coin Edition.
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XRP Holds $2.35 as Chart Signals Hint at Breakout, EGRAG Sets $2.65 Target
- XRP holds steady near $2.35 as bullish chart analysis points to $2.61 and $2.65 resistance targets.
- MACD and RSI show neutral to bullish momentum as EGRAG projects potential breakout for XRP.
- EGRAG’s Bermuda Triangle thesis outlines a long-term target of $27 for XRP’s price evolution.
XRP is holding firm near $2.35, gaining 1.7% in the last 24 hours, even as the broader crypto market stays volatile. The past week saw XRP dip 7.4%, but technical indicators and bullish chart calls from analyst EGRAG CRYPTO are driving renewed optimism for a breakout.
Technical Picture: Neutral RSI and Bullish MACD Build the Case
XRP’s MACD is showing a mild bullish tilt, with the MACD line holding above the signal line. Although the histogram is positive, its size points to cautious optimism rather than a strong rally.
The RSI stands near 51.79, which signals neutral territory. This suggests XRP is consolidating, preparing for a larger move. Importantly, the RSI hasn’t approached the overbought level recently, confirming this consolidation phase rather than an overheated rally.
Related: XRP Prepares for a Bullis…
The post XRP Holds $2.35 as Chart Signals Hint at Breakout, EGRAG Sets $2.65 Target appeared first on Coin Edition.
Read More
ADA Under $0.74 as Exchange Outflows Resemble Pre-2021 Bull Run