Bullish impulse in $XRP : 33% in 48 hours
The rally recorded by $XRP over the last 48 hours stands out as the strongest bullish move seen since the beginning of the year. After successfully defending psychological support near $1.00, the asset broke above its 20-, 50-, and 100-day moving averages in a single impulse.
Key technical movement points
Moving average close: It reclaimed the $1.08 and $1.15 levels with sustained buying volume in futures markets.
Immediate resistance: The next critical target lies at the 200-day EMA around $1.34.
Momentum indicators: The MACD confirmed a positive crossover, while the daily RSI entered overbought territory (>78), suggesting possible short-term consolidation before a new attempt to break out.
The rally recorded by $XRP over the last 48 hours stands out as the strongest bullish move seen since the beginning of the year. After successfully defending psychological support near $1.00, the asset broke above its 20-, 50-, and 100-day moving averages in a single impulse.
Key technical movement points
Moving average close: It reclaimed the $1.08 and $1.15 levels with sustained buying volume in futures markets.
Immediate resistance: The next critical target lies at the 200-day EMA around $1.34.
Momentum indicators: The MACD confirmed a positive crossover, while the daily RSI entered overbought territory (>78), suggesting possible short-term consolidation before a new attempt to break out.