Crypto

XRP rebounds after breaking past support, analyst says signal correction over

XRP’s monthly relative strength index is showing early signs of shifting into an uptrend after a prolonged bearish phase, an analysis said. Market analyst Egrag Crypto said the recent move may mark the start of a distribution phase aimed at higher levels rather than a short-term rebound. He pointed to the RSI briefly dipping below a historical support zone before rebounding, and outlined key levels to confirm improving momentum.

Crypto

XRP\'s 1.65 dollar level could shape trend; breakout may spark rise to 7.50

A key price level of $1.65 has been singled out as pivotal for XRP\'s medium- to long-term direction. Blockchain outlet The Crypto Basic reported that market analyst Egrag focused on XRP starting July below the 50-month simple moving average, saying a break above could shape the cycle. He outlined scenarios including a retest of the 88-month average and said a clear move above $1.65 could open a path toward $7.50, while keeping a longer-term target of $42.