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XRP Technical Analysis Suggests Upward Trend Over Next Six Months
XRP has seen a recent price pullback to $2, but technical analysis by Egrag Crypto suggests the market remains favorable for further upside within the next three to six months.
- The current market structure supports a continuation of the upward trend rather than a reversal.
- XRP's breakout from a multi-year base around $0.5 last year marked a shift from accumulation to expansion.
- The recent price action is viewed as consolidation, not distribution, indicating a pause rather than a top.

- EMA analysis shows XRP maintaining a bullish bias, trading above its long-term exponential moving average, despite short-term weakness below the 9 EMA.
- Fundamental developments, such as Ripple's conditional approval for a national trust bank charter, support longer-term appreciation.
XRP would need to record a sustained monthly close below the $1.80 to $1.60 region to turn bearish. The overall analysis concludes that XRP is more likely to move higher over the upcoming months, though volatility may occur.