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XRP Price Forms Bullish Cross on Weekly Stochastic RSI
The price of XRP is showing positive signs with a bullish cross on its weekly Stochastic RSI, despite recent struggles around the $2 mark.
- XRP's weekly Stochastic RSI has formed a bullish cross while in oversold territory, suggesting potential trend reversals.
- This pattern has historically led to significant rallies: a 600% surge in 2024 and a 130% increase in mid-2025.
- Current conditions mirror past setups that preceded major upward movements.
Potential for Major XRP Surge
- XRP's price is compressed around $2, similar to previous rally zones.
- If market conditions improve, such as Bitcoin surpassing $100,000, XRP could respond strongly.
- Inflow into US-based Spot XRP ETFs recently reached $89.65 million, bolstering investor sentiment.
- A similar 130% rebound could take XRP to $4.60, while a 600% rise might push it above $14.
