Technical Analyst to XRP Holders: Get Ready. Here’s why

Technical analyst ChartNerd has renewed focus on XRP’s interaction with the weekly 55-period weighted exponential moving average (55 WEMA). He reiterated an earlier view that the price may revisit the 55 WEMA in the low $2.20s before initiating a new leg ￰1￱ his latest commentary, he pointed to historical precedence: a prior retest of the 55 WEMA was followed by a sustained rally of more than 400%. Based on that observation and the current condition of the weekly stochastic RSI, ChartNerd described the present setup as the concluding phase ahead of a decisive upward move. $XRP : GET READY ￰0￱ — ChartNerd (@ChartNerdTA) November 7, 2025 Price structure and moving average dynamics The price chart shows XRP trading around the weekly 55 WEMA, which ChartNerd treats as a structural support level and a potential launch point for an extended ￰2￱ analyst’s scenario envisions a short-term pullback to the WEMA near $2.20, followed by renewed buying ￰3￱ moving average’s position relative to recent candles and the market’s reaction around that band are central to his interpretation: a clean retest and rejection from the 55 WEMA would validate the support, while a breakdown beneath it would require reassessment of the bullish ￰4￱ stochastic RSI and momentum context ChartNerd also highlighted the weekly stochastic relative strength index (SRSI) as corroborating ￰5￱ SRSI is currently in oversold territory on the weekly timeframe, indicating momentum exhaustion at these ￰6￱ the most recent data, the two SRSI lines are at notably low values and appear to be attempting a flattening or modest ￰7￱ analyst reads this combination — oversold weekly SRSI plus proximity to the 55 WEMA — as a condition that historically preceded strong directional moves in favor of the trend that followed the ￰8￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Risk considerations and trade framing While ChartNerd frames the setup as favorable for a significant advance if the WEMA holds, the scenario carries the usual technical risks.

A failed retest that turns the 55 WEMA into resistance would open the possibility of extended consolidation or lower supports being ￰9￱ participants should monitor price action around the WEMA, the behavior of weekly momentum indicators, and volume ￰10￱ traders , clear invalidation levels and position-sizing discipline remain essential when acting on setups that rely on a single moving-average retest for trend continuation. ChartNerd’s argument is structured around a repeatable setup: retest the weekly 55 WEMA at roughly the low $2.20s while weekly momentum indicators are oversold, then observe for a decisive rejection and trend ￰11￱ technical case rests on the interaction between the moving average and the weekly SRSI; confirmation or failure of that interaction will determine whether the scenario advances or requires ￰12￱ : This content is meant to inform and should not be considered financial ￰13￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰14￱ are advised to conduct thorough research before making any investment ￰15￱ action taken by the reader is strictly at their own ￰16￱ Tabloid is not responsible for any financial ￰17￱ us on X , Facebook , Telegram , and Google News