XRP Attempts to Stabilize Recovery Momentum Ahead of the Wee
koinmilyoner
Updated at: 3 hours ago
{"content":"XRP Attempts to Stabilize Recovery Momentum Ahead of the Weekend
The daily chart's Moving Average Convergence Divergence (MACD) indicator has maintained XRP's current price action above $2.45, according to market data as of this writing on Friday.
If the blue MACD line stays above the red signal line, traders are likely to raise their exposure since the indicator typically increases.
With the RSI around 44 as we approach the weekend, it seems that the negative momentum is beginning to ease. The positive prognosis for XRP would be confirmed with a breach above the midline.
Additionally, in order to determine XRP's bullish potential, traders will be watching for a daily close above $2.50. The 200-day EMA is at $2.61, the 50-day EMA is at $2.69, and the 100-day EMA is at $2.74; these are further important milestones.
The overall bitcoin market attitude is still unstable, so traders should proceed with caution. Support levels of $2.40 and $2.18, which have been challenged recently, might be the site of a reversal if there are indications of a negative technical outlook, which could prompt hasty profit-taking.
#xrp #MarketRebound #CPIWatch $XRP ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/24/b61ac9b39616485f8039cce995ae9522.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}