HomeCryptocurrencyAnalyst Says the XRP Battle Continues. Something BIG Is Brewing

Analyst Says the XRP Battle Continues. Something BIG Is Brewing

XRP now faces a critical technical test after a sharp move toward $1.66 failed to break above the 50-week EMA.

Crypto analyst ChartNerd says bulls still have an opportunity to push XRP toward $1.80, but another rejection at the 50-week EMA could expose the price to a much deeper correction. His analysis also compares the current structure to XRP’s 2022 cycle.

XRP Struggles At The 50-Week EMA

ChartNerd said XRP climbed to $1.66 before falling back toward $1.50 and below the 50-week EMA. He explained that bulls wanted to secure their first weekly close above the indicator since XRP reached $1.70, but the attempt fell short.

The analyst identified the 20-week EMA at $1.31 as the key level supporting the bullish structure. He said XRP remains compressed between the 20-week and 50-week EMAs, despite the sharp short-term price movements.

ChartNerd also told traders to focus on the larger structure instead of reacting to lower-timeframe volatility. He noted that XRP has not lost its major macro support despite the decline from $1.66 to $1.50.

ChartNerd Sets $1.80 As The Bullish Target

ChartNerd said XRP could still break above the 50-week EMA and advance toward $1.80. He said a move through the 50-week EMA would confirm the bullish scenario.

At the same time, he expects XRP could reach a local top somewhere between $1.50 and $1.80 before entering a deeper correction. ChartNerd said a successful move toward $1.80 would strengthen the case that the $0.98 low marked the bottom of the current decline.

However, he warned that continued rejection at the 50-week EMA could produce a different outcome. If XRP loses the 20-week EMA after failing to clear the 50-week EMA, ChartNerd expects the price could retrace toward $1.

2022 Provides A Similar Setup

ChartNerd compared the current XRP structure with its 2022 price action. He explained that XRP rallied about 90% from its 2022 cycle low before reaching the 50-week EMA. The cryptocurrency then encountered resistance, pulled back to the 20-week EMA, rallied another 30% toward the 50-week EMA, and eventually fell back toward its previous lows.

He sees similarities in XRP’s 2026 structure. XRP has climbed about 70% from the $0.98 low toward the 50-week EMA. The price then returned to the 20-week EMA for support before recording another 32% rally toward the 50-week EMA.

ChartNerd also pointed to the RSI and Stochastic RSI. He said both indicators currently sit around levels that resembled XRP’s 2022 setup. He acknowledged that cycles differ and said history doesn’t have to repeat.

Confirmation Remains Crucial For XRP

ChartNerd said XRP must clear the 50-week EMA to strengthen the bullish setup. He expects a break above the $1.50 resistance area and a move toward $1.80 to confirm the upside scenario.

If XRP instead continues to reject the 50-week EMA and loses the 20-week EMA, ChartNerd sees a potential retracement toward $1 and possibly the $0.98 low.

For now, he said XRP remains compressed between the two EMAs and urged XRP traders to wait for confirmation rather than react to short-term moves above or below the key levels.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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