🚨 XRP Price Update – Bullish Signal Ahead? 🚨
(Let’s break it down step by step)
🔸 Current Price Action:
$XRP is moving between $2 and $2.60, with no big downtrend yet. Sometimes, it dips below $2, but only for a short time.
🔸 MACD Divergence on Weekly Chart:
The MACD is showing bearish signals, but price is not falling. This means buyers are strong and absorbing the selling pressure.
🔸 What This Means:
When this type of divergence happens for a long time, it can lead to a sudden bullish breakout.
✅ The 50, 100, and 200-week moving averages are rising, supporting a bullish case.
🔸 BTC Did The Same in 2024:
✔️ In mid-2024, BTC had a bearish MACD but stayed strong around $59K-$60K.
✔️ Later, BTC jumped to $70K and then hit new all-time highs above $100K in November.
Let’s wait and watch — the setup looks similar and bullish signs are forming! 🚀
💡 Note: This is not financial advice. Always DYOR.