It’s Now Or Never For XRP As Technical Indicators Highlight Pivotal Moment
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Related Reading | Three Signs That XRP Has Finally Found It’s Bear Market Bottom But downtrend resistance has been broken through on both USD and BTC trading pairs, yet XRP has barely reacted. After a breakout of downtrend resistance, bullish chart formations, and indicators are backing up a potential explosion – how will Ripple react in the days ahead?.
Ripple RSI Weekly | Source: TradingViewFurther backing up the idea of a breakout to the upside, is a massive bullish divergence across the Relative Strength Index. Ripple Bollinger Bands Weekly | Source: TradingViewIn the chart above, prior to XRP claiming the middle line, months of the bands “squeezing” can be seen ahead of the powerful explosion.
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