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11 hour ago
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XRP Stochastic RSI Hits 0.0 Again Amid Selling Pressure Easing

Crypto analyst Skipper highlights a key development for XRP, despite it trading below $2:

  • XRP's stochastic RSI has reached 0.0, only the second occurrence, previously in 2020 before bottoming at $0.28.
  • The altcoin is down 35% this quarter and 10% this year.
  • Selling pressure might be easing, though a quick recovery isn't expected.
  • XRP ETFs continue to show buying pressure with daily net inflows, holding $1.25 billion in assets.

Future Predictions and Analyst Insights

  • YoungHoon Kim predicts an XRP supercycle next year, possibly reaching $10 or higher.
  • Crypto King emphasizes patience, suggesting that reclaiming $1.98 could indicate a momentum shift, with potential targets of $2.58 and $3.66.
  • Currently, XRP trades at approximately $1.86, slightly down in the past 24 hours.

XRP