XRP's weekly Stochastic RSI has formed a bullish cross, indicating a potential positive shift for the cryptocurrency. Despite struggling to break past the $2 price region recently, this technical indicator suggests a reversal. The cross occurred while XRP remained in oversold territory, a pattern seen in previous significant uptrends. Analyst ChartNerd highlighted that similar crosses in 2024 and 2025 preceded substantial price rallies. The 2024 instance, for example, saw XRP surge over 600% from around $0.5 to over $3. A subsequent cross in mid-2025 led to a 130% increase, pushing XRP to new all-time highs above $3.6. The current setup mirrors these historical low points, suggesting a potential base for a new upward movement. If buyers can capitalize on this momentum and broader market conditions improve, particularly with Bitcoin's rise, XRP's reaction could be significant. Recent inflows into XRP ETFs are also providing a positive sentiment. A conservative rally mirroring the 130% surge could push XRP towards $4.60. However, a repeat of the larger 600% rally could propel XRP beyond $14. Therefore, the predicted price range for XRP based on this pattern is between $4.60 and $14.
newsbtc.com
newsbtc.com
bsky.app
Crypto News on Bluesky @crypto.at.thenote.app
