Analyst Predicts XRP’s Worst-Case Scenario: A Giga Rally to 19
XRP’s weekly price structure now appears tighter than in previous weeks, according to independent analyst Maelius. Chart analysis utilizing the BITSTAMP feed and a 50-period exponential moving average (EMA) reveals an interesting trend. The EMA currently tracks around 1.78, indicating potential resistance levels in the short to medium term. Such insights could be crucial for traders looking navigate the turbulent waters of crypto trading, as XRP could either surge or face downtrends, depending on broader market conditions and investor sentiment.