XRP’s Potential Breakout Despite Death Cross Signal
- XRP rebounded from $2.08 to $2.4, marking over a 15% gain.
- A death cross appeared on XRP’s daily chart, typically a bearish indicator.
- Historical data from 2017 suggests a similar pattern led to a significant price surge.
- The potential target is the $9.00 price level, indicating a possible 325% rally.
- XRP’s Relative Strength Index (RSI) is at 54.799, indicating room for growth.
Currently trading at $2.38, XRP shows resilience with historical patterns suggesting potential for significant gains despite the recent death cross signal.
Source (2.6)https://www.newsbtc.com/altcoin/xrp-flashes-death-cross-from-2017-that-could-trigger-325-rally-to-9/?rand=52377
