XRP Surge Eve: Heaven or Hell?
Recently, XRP's movement has been relatively stable, oscillating narrowly between 3.3 and 3.5. What exactly is going on here?
The MACD histogram remains negative, but the bulls seem to be stirring. The KDJ indicator is neutral, and the RSI is at 20, indicating clear oversold signals, feeling like it could rebound at any moment.
Market sentiment shows a net outflow of $141 million, with large transactions occurring frequently; some are selling off while others are buying in, the divergence is quite significant!
On the news front, there are continuous positive updates: ProShares has launched a 2x leveraged XRP ETF, and Bitwise has included it in their top investment choices, clearly indicating institutional support in this wave.
Not to mention, if Trump really follows through on his promise to support cryptocurrencies, XRP might just catch a favorable policy tailwind and take off!
If the little XRP I hold can truly break through the resistance level, the next stop could be $5!
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