Reasons Why XRP's Technical Structure Favors Upside Than Down Over Next 6 Months
4 Articles
4 Articles
XRP Technical Structure Signals Potential Bullish Expansion Over the Next Six Months
XRP has recently fallen close to the $2 mark. The move was not declared as weak by analysts. The recession was preceded by a successful breakout. The market moved into a process of consolidation. Price stopped following expansion. This action was in line with historical trends. The move was perceived to be structural by the traders. Momentum did not collapse. Support held firmly. Hope was still reluctantly high. Base Breakout Multi-Year Multipli…
Reasons Why XRP’s Technical Structure Favors Upside Than Down Over Next 6 Months
XRP’s recent pullback to $2 has not changed the broader technical picture, according to a new analysis shared on X by crypto analyst Egrag Crypto. Despite the lack of bullish price action in recent weeks, the technical analysis proposes that the market structure continues to favor an upside continuation rather than the trend ending. This...
Reasons Why XRP's Technical Structure Favors Upside Than Down Over Next 6 Months
XRP’s recent pullback to $2 has not changed the broader technical picture, according to a new analysis shared on X by crypto analyst Egrag Crypto. Despite the lack of bullish price action in recent weeks, the technical analysis proposes that the market structure continues to favor an upside continuation rather than the trend ending. This outlook places the next three to six months in a constructive zone for XRP’s price action, where the probabi…
XRP Price Analysis: Analyst Explains Why Market Structure Favors the Upside
Sideways markets often generate more frustration than sharp sell-offs. When price action slows, uncertainty replaces conviction, and narratives multiply. XRP is currently navigating such a phase, hovering within a defined range while traders search for clarity. To some, this stagnation suggests weakness. To others, it signals preparation. According to Egrag Crypto, a market analyst known for structure-driven analysis, the latter interpretation c…
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