Usman has been in the blockchain space for 9 years and written dozens of articles about crypto in his career. He wants to put crypto on the global map.
XRP (Ripple) displays a bullish MACD crossover pattern that historically triggered 64% and 92% price surges. This technical signal suggests potential for another significant rally above $3.00.
XRP (Ripple) is flashing a powerful technical signal that has traders watching closely. The cryptocurrency just formed a bullish MACD crossover – the same pattern that previously triggered rallies of 64% and 92%. This setup suggests XRP may be preparing for another major move above $3.00.
The current chart shows several compelling factors. As highlighted by trader STEPH IS CRYPTO, the MACD indicator has formed its third bullish cross, with each previous occurrence leading to substantial gains lasting several weeks. XRP is consolidating around $3.00, creating a solid foundation for upward movement.
Key resistance sits between $3.20-$3.30, while support holds near $2.70. The MACD histogram has turned green, confirming bullish momentum is building. This setup mirrors conditions that preceded XRP's previous explosive moves.
Several factors support XRP's bullish outlook. Growing optimism around Ripple's ecosystem continues attracting interest, while improved crypto market liquidity typically benefits established tokens like XRP. The consistent pattern of strong performance following MACD crosses adds credibility to the current setup.
The current technical setup presents an intriguing opportunity. While past performance doesn't guarantee future results, the consistency of MACD-driven rallies in XRP's history makes this development worth watching.
Usman has been in the blockchain space for 9 years and written dozens of articles about crypto in his career. He wants to put crypto on the global map.
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