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Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: MUGNIA on May 05, 2024, 06:28:55 PM

Title: XRP MACD Gives Bullish Signal — Can History Repeat with 150% Price Surge Against
Post by: MUGNIA on May 05, 2024, 06:28:55 PM


The XRP price has been in a massive downtrend against Bitcoin since the end of 2020. It has fallen over 80% under a descending resistance trend line. During this time, there have been three distinct upward movements, which in the end proved unsuccessful.

This week, the MACD indicator flashed the same signal that preceded those increases. While history doesn’t repeat itself, it often echoes familiar patterns.

soruce : https://www.ccn.com/analysis/crypto/xrps-macd-bullish-signal-history-repeat-150-price-surge-bitcoin/

Could XRP be gearing up for a similar upward movement?