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.
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