XRP Ready For Bullish Pop As Important Technical Signal Reappears 🚀
XRP has recently defended its support level of $2.90 and is attempting to break above $3.10. Although it hasn't kept up with recent Bitcoin and Ethereum rallies, a crucial technical signal has reappeared on its price chart.
This signal, first revealed by crypto analyst Cryptoinsightsuk on X, involves a bullish cross on the 3-day RSI. It has previously marked the beginning of significant price surges, with past occurrences leading to substantial rallies, such as the price surge from $0.5 to over $3 in November 2024.
The RSI crossover is a repeating pattern that once again suggests a potential bullish breakout. Analysts speculate this might also align with possible ETF approvals in the future.
Source: www.newsbtc.com ↗
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