Crypto market analyst "Steph is Crypto" suggests that XRP may be on the verge of a major rally. He identified several indicators, including support and resistance levels, the volume profile, and a downward-sloping resistance line, that could signal a bullish uptrend. Breaking above the resistance line and the key resistance zone between $0.67 and $0.68 could indicate a change in market sentiment and trigger a short squeeze. Steph also noted whale accumulation and increasing price compression, which historically precede major rallies for XRP. Despite a recent decline, XRP is showing signs of a mild recovery and needs to hold above $0.50 to potentially turn the tides.
- Content Editor ( thecryptobasic.com )
- 2024-11-02
Pundit Outlines 5 Critical XRP Indicators “They Don’t Want You to See,” Showing XRP Uptrend Looms