The post XRP Bull Signal? Analyst Eyes Key Level for Price Surge appeared on BitcoinEthereumNews.com.

XRP will rally if the RSI holds at level 65. Bollinger Band’s expansion supports XRP’s bullish projection. Ripple’s partial victory boosted XRP’s price movement. A well-known crypto analyst on X has shared a positive analysis for XRP, if one thing happens. The analyst used two well-known indicators to give what many would see as a simple way to look at a crypto pair, given the complicated market lately. #XRP – Monthly RSI Update 🌞: ⚪️A Double Top pattern is approaching! 🔝It’s crucial that the RSI holds above 65; otherwise, we may need to touch the 14 SMA. Historical data suggests that this often precedes a significant pump! 🚀 ⚪️Bollinger Bands on RSI Update 📉The… pic.twitter.com/nEnWiiTBv1 — EGRAG CRYPTO (@egragcrypto) February 25, 2025 RSI at Critical Juncture for XRP In his latest post, the analyst noted that the RSI indicator on the XRP/USD chart had dropped to the crucial 65 points level and thinks the level needs to hold firm to avoid a further price decline. According to the analyst, based on historical behavior, holding above this level will cause XRP to pump. In the meantime, the analyst applied the Bollinger Bands indicator in his analysis, combining it with the RSI to project the next target for XRP if the rally kicks in. For the price projection, the analyst based his logic on XRP’s past pattern of the RSI going for the top of the range in an expanded Bollinger Band during bull runs. Related: XRP Price Prediction February 26: Can It Hold Above $2.25 or Face a Bearish Reversal? Thus, the renowned analyst expects the RSI to reverse its current downward direction, moving from the 65-point level and heading towards 85 points, being at the top of the expanded Bollinger Bands.  Even though the analyst didn’t talk about XRP prices…

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Filed under: News - @ February 26, 2025 4:20 pm