{"id":145210,"date":"2024-12-20T15:00:36","date_gmt":"2024-12-20T13:00:36","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145210"},"modified":"2024-12-20T04:00:57","modified_gmt":"2024-12-20T02:00:57","slug":"key-indicators-point-to-upcoming-xrp-rally","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/key-indicators-point-to-upcoming-xrp-rally\/","title":{"rendered":"Key Indicators Point to Upcoming XRP Rally"},"content":{"rendered":"<p>The analyst, Tony Severino, pointed to a combination of indicators suggesting that <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/xrp\/\">XRP<\/a> <\/strong>may be preparing for a bullish reversal, with much more room to grow before reaching overbought levels.<\/p>\n<p>Severino emphasized the role of tightening Bollinger Bands alongside historical price patterns, signaling that XRP could be on the cusp of a rally. He noted that the XRP\/BTC chart is showing especially strong performance, with the three-month candlestick closing above the Bollinger Bands basis at 0.00001717 for the first time since April 2019.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">I&#8217;m potentially not bullish enough on XRP<\/p>\n<p>The XRPBTC quarterly chart looks to be exceptionally strong<\/p>\n<p>From top to bottom:<\/p>\n<p>3M candlestick is above the Bollinger Band basis for the first time since April 2019. Price touched the upper Bollinger Band. A quarterly close above the\u2026 <a href=\"https:\/\/t.co\/2nhaaMqx2R\">pic.twitter.com\/2nhaaMqx2R<\/a><\/p>\n<p>\u2014 Tony &#8220;The Bull&#8221; Severino, CMT (@tonythebullBTC) <a href=\"https:\/\/twitter.com\/tonythebullBTC\/status\/1869440829120479481?ref_src=twsrc%5Etfw\">December 18, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>One crucial technical level Severino focused on was XRP\u2019s touch of the upper Bollinger Band at $0.0000286, a level often associated with significant upward momentum. A close above this threshold on the quarterly chart could serve as a potential buying signal, especially given that the Bollinger Bands are currently at their tightest range in XRP\/<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">BTC<\/a> <\/strong>history.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-trader-nets-over-8000-profit-in-recent-altcoin-investment\/\" title=\"Crypto Trader Nets Over 8,000% Profit in Recent Altcoin Investment\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/06\/economic-boom-market-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Trader Nets Over 8,000% Profit in Recent Altcoin Investment<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>In addition to these indicators, Severino pointed out that XRP&#8217;s Relative Strength Index (RSI) recently broke above its moving average, moving toward the 50 mark. Historically, an RSI above 50 often correlates with stronger price movements. To further support his positive outlook, Severino mentioned that XRP\u2019s Fisher Transform indicator is turning bullish, signaling a possible trend reversal and reinforcing the case for a price rally.<\/p>\n<p>Severino, who previously underestimated XRP&#8217;s potential, now sees the cryptocurrency as having strong momentum. With these technical signals lining up, he believes XRP is poised for substantial movement in the near future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An expert analyst recently shared insights into XRP&#8217;s potential for a significant price surge, highlighting several key technical signals.<\/p>\n","protected":false},"author":9,"featured_media":50786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-145210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Key Indicators Point to Upcoming XRP Rally<\/title>\n<meta name=\"description\" content=\"An expert analyst recently shared insights into 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