Ripple’s (XRP) 21 EMA Signal Hints Massive Rally Ahead

TL;DR XRP holds above the 21 EMA, a level that triggered past gains of 414% and 1,610%. Long-term chart patterns show consolidation below $3.31, matching pre-rally setups from earlier cycles. Short-term support at $2.71 holds firm, with $3.20 and $3.60 as immediate bullish ￰0￱ Maintains Historical Pattern Around 21 EMA Recent technical analysis suggests XRP may be preparing for a strong ￰1￱ CRYPTO has pointed to the 21-week Exponential Moving Average (EMA) as a level that has played a key role in past XRP ￰2￱ 2017, the token tested the 21 EMA twice before rising by over 1,600%. During 2021, despite an initial drop below this level, partly influenced by the SEC case, XRP later closed above the 21 EMA, retested it, and moved up by more than 400%.

EGRAG now identifies a similar situation following a retest of the 21 EMA on June 9, ￰3￱ the past two moves as references, EGRAG outlines two potential price levels. A move similar to the 2021 cycle would place XRP around $9.60, while a 2017-style run could send it as high as $33. These figures are not predictions but calculated projections based on percentage gains seen after previous 21 EMA retests, they said.), 2017 ($3.31), and 2021 ($1.97) are marked as supply zones where previous rallies paused.) 21 EMA Signal Hints Massive Rally Ahead appeared first on CryptoPotato .