Traders of XRP are closely monitoring a familiar technical pattern that has historically preceded explosive rallies.
According to the EGRAG CRYPTO analyst, the relative strength index #xrp RSI( on the XRP chart is starting to curve upwards – a movement that in the past has preceded parabolic jumps in the final phase of previous cycles. The RSI curve indicates bullish potential This configuration has manifested twice in the history of XRP, and each time it was followed by a sharp rise. The observation is simple: when the RSI of XRP acquires a steeper curve at the end of the cycle, the momentum typically accelerates quickly, surprising the bears. If history repeats itself, this change may set the stage for a new big rally. EGRAG emphasized that the structure of the RSI has "triggered 2 out of 2 times," fueling speculation on whether the third time will follow the same scenario. Market sentiments are predominantly bullish. Although no technical indicator guarantees results, the sharpening RSI curve is already keeping the bulls on alert. Many in the XRP community believe that the current cycle could replicate previous explosive movements, especially as the curvature of the RSI aligns with the broader bullish structure of the chart. EGRAG himself stated that he expects the RSI of XRP to become parabolic, which could put short sellers in a vulnerable position. Such sentiments reflect the growing belief among traders that XRP may soon enter a stronger upward phase. The cyclical context of XRP The XRP chart shows three distinct cycles, each with a similar RSI curve appearing before the rise. The current cycle, marked as "Cycle 3," is already beginning to show the same sharpness in the curve. If the pattern continues, XRP may be preparing for a significant breakout phase. So far, analysts warn that confirmation will only occur if XRP maintains momentum and turns the curvature of the RSI into a sustainable price movement. However, the technical background suggests that bulls may soon test higher resistance zones.
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Traders of XRP are closely monitoring a familiar technical pattern that has historically preceded explosive rallies.
According to the EGRAG CRYPTO analyst, the relative strength index #xrp RSI( on the XRP chart is starting to curve upwards – a movement that in the past has preceded parabolic jumps in the final phase of previous cycles.
The RSI curve indicates bullish potential
This configuration has manifested twice in the history of XRP, and each time it was followed by a sharp rise. The observation is simple: when the RSI of XRP acquires a steeper curve at the end of the cycle, the momentum typically accelerates quickly, surprising the bears.
If history repeats itself, this change may set the stage for a new big rally. EGRAG emphasized that the structure of the RSI has "triggered 2 out of 2 times," fueling speculation on whether the third time will follow the same scenario.
Market sentiments are predominantly bullish.
Although no technical indicator guarantees results, the sharpening RSI curve is already keeping the bulls on alert. Many in the XRP community believe that the current cycle could replicate previous explosive movements, especially as the curvature of the RSI aligns with the broader bullish structure of the chart.
EGRAG himself stated that he expects the RSI of XRP to become parabolic, which could put short sellers in a vulnerable position. Such sentiments reflect the growing belief among traders that XRP may soon enter a stronger upward phase.
The cyclical context of XRP
The XRP chart shows three distinct cycles, each with a similar RSI curve appearing before the rise. The current cycle, marked as "Cycle 3," is already beginning to show the same sharpness in the curve. If the pattern continues, XRP may be preparing for a significant breakout phase.
So far, analysts warn that confirmation will only occur if XRP maintains momentum and turns the curvature of the RSI into a sustainable price movement. However, the technical background suggests that bulls may soon test higher resistance zones.