XRP Is Doing Something It Hasn’t Done Since 2021: Here’s Why It Matters

XRP is flashing a rare relative-strength signal ag

XRP Is Doing Something It Hasn’t Done Since 2021: Here’s Why It Matters

XRP Is Doing Something It Hasn’t Done Since 2021: Here’s Why It Matters

XRP is flashing a rare relative-strength signal against ETH, according to crypto analyst Matt Hughes (“The Great Mattsby”), who points to a 2-week Ichimoku cloud flip that he says hasn’t meaningfully held as support since 2021. With XRP also boxed inside a defined USD range on lower timeframes, Hughes frames the next phase as a conditional “prove it” moment: reclaim one level, and the market has room to work; fail it, and the breakout narrative stays premature.

XRP/ETH chart: 2-week Ichimoku cloud | Source: X @matthughes13
XRP daily chart: Gann fan | Source: X @matthughes13
XRP weekly chart target the 2.618 Fib | Source: X @matthughes13
XRP weekly chart: classical retest of 2021 breakout | Source: X @matthughes13
XRP drops into the red demand zone, 1-week chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

About Author

Leave a Reply

Your email address will not be published. Required fields are marked *

Please enter CoinGecko Free Api Key to get this plugin works.