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XRP’s $1.14–$1.16 Zone Becomes Key Test Amid EMA Weakness

XRP Faces Pivotal Moment as Analysts Point to Historic EMA Patterns - Latest cryptocurrency news

XRP Faces Pivotal Moment as Analysts Point to Historic EMA Patterns - Latest cryptocurrency news

en.bitcoinhaber.net

What changed

XRP has spent ten weeks below its 50-week exponential moving average after rising from a $0.98 base in August to that benchmark. Analyst ChartNerd says the setup resembles XRP’s 2022 price structure, with $1.14–$1.16 now the key zone for a possible higher low and $1.04 the downside level if selling pressure persists.

Why it matters

The 50-week EMA is the line XRP has yet to reclaim. Until it does, ChartNerd does not expect a strong upward move. Losing the 20-week EMA would make a slide toward, or slightly below, $1 more plausible.

The useful signal is therefore not the dramatic comparison with 2022. It is whether XRP can hold $1.14–$1.16. If it does, the chart would look more constructive and might avoid a retest of August’s low. If it fails, $1.04 becomes the next important test.

ChartNerd’s reading is informed speculation, not a confirmed forecast. XRP could repeat the earlier pattern, in which a sharp correction helped form a broader double bottom before an upward breakout, but the current weakening structure leaves that outcome unresolved in the coming weeks.

Sources (4)
  1. en.bitcoinhaber.netXRP Faces Pivotal Moment as Analysts Point to Historic EMA Patterns - Latest cryptocurrency news
  2. BBC SportWhat Kane’s new deal means for England and the Premier League record
  3. CBS SportsUEFA Champions League scores, schedule: League phase reaches halfway point with Matchday 4
  4. BBC SportPSG score late to hold off struggling Man City

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