Here’s XRP’s next target with ‘bearish signal in the making’
Latest technical indicators suggest that XRP investors may have to wait longer for a price breakout, as the token is flashing bearish signals. In this context, cryptocurrency analyst Alan Santana highlighted the bearish probability in a TradingView post on September 1, noting that this signal emerged after XRP broke below the critical 55-day exponential moving average (EMA55) support level. Notably, this level has historically indicated significant downward movement. According to Santana, XRP has been testing the EMA55, and the drop could signal the start of another major decline. This pattern is not new; similar breaks below the EMA55 in April and August led to substantial drops in the token’s value. Picks for you Bitcoin breakout could happen by late September, according to history 3 hours ago ...