XRP Chart Flashes a Bullish Cross: Will XRP Repeat 600% Rally of 2024?
The post XRP Chart Flashes a Bullish Cross: Will XRP Repeat 600% Rally of 2024? appeared on BitcoinEthereumNews.com.
XRP posted a modest 1% gain over the last 24 hours, offering a brief recovery after a 7.5% weekly decline. While the price reaction is still small, several key indicators suggest that selling pressure may be stabilizing, and traders are watching for a possible trend reversal—one that historically led to significant rallies. Powered by Outset PR, this analysis reflects the agency’s commitment to strategic, data-backed communication for the crypto industry. RSI and Stochastic Indicators Signal Momentum Reset XRP’s 14-day RSI at 38.83 has now exited oversold territory, showing that short-term selling exhaustion may be easing. More importantly, the weekly Stochastic RSI has flashed a bullish cross, a pattern that preceded some of XRP’s strongest breakouts during 2024 and 2025. In previous instances, this signal appeared ahead of 130% to 600% rallies, making it one of the more closely watched momentum indicators among XRP traders. Support at $2.00 Holds Firm while MACD Histogram Turns Positive Despite last week’s pullback, XRP continues to defend a key support zone at $2.00. Buyers stepping in at this level suggest the market still views the region as a fair-value range. Maintaining this support is critical for preserving the broader uptrend structure. Adding to the technical shift, XRP’s MACD histogram has flipped positive (+0.0109). The indicator reflects the first upward momentum change after an extended period of declining trend strength. While still early, a positive histogram often marks the first stage of reversing momentum when paired with bullish stochastic signals. How Outset PR Leverages Data-Driven Approach in Crypto PR Outset PR connects market events with meaningful storytelling through a data-driven methodology rarely seen in the crypto communications space. Founded by PR strategist Mike Ermolaev, the agency approaches each campaign like a hands-on workshop—building narratives that align with market momentum instead of relying on generic coverage or…
