XRP Breaks Out Of 2025’s Largest Downtrend, As Holders Mature

The post XRP Breaks Out Of 2025’s Largest Downtrend, As Holders Mature appeared on BitcoinEthereumNews.com. XRP has recently broken out from a multi-month descending wedge, signaling a potential reversal after the largest downtrend of 2025. Trading at $2.22, the cryptocurrency appears to be entering a new phase of bullish momentum.  This shift could mark the end of the persistent price decline that started in January, setting the stage for further growth. XRP Holders Are Holding On The dominance of short-term holders has significantly declined, indicating a positive shift in market dynamics for XRP. According to the HODL waves, the supply held by investors holding between 1 and 3 months has dropped from 12% to 6% in the span of two months.  This shift suggests that more short-term holders have transitioned into mid-term holders, reducing the likelihood of immediate sell-offs. This maturation of holdings is a positive sign, as it indicates more stability and less selling pressure in the short term stemming from confidence in price recovery. XRP HODL Waves. Source Glassnode XRP’s macro momentum is showing promising signs as the cryptocurrency pulls away from a potential Death Cross, which could have signaled a significant decline in price. The 50-day Exponential Moving Average (EMA) is currently trending upward, providing support for XRP as it moves away from bearish territory. The candlesticks are also positioned above the 50-day EMA, signaling that the altcoin is gaining strength and may continue its upward movement. The pullback from the Death Cross and the upward movement of the 50-day EMA provide technical evidence that XRP’s price could continue to rise. This shifting momentum, combined with improving market sentiment, suggests that XRP is setting itself up for a potential rally. Investors will closely watch these indicators as signs of further recovery. XRP EMAs. Source: TradingView XRP Price Is Aiming At A Rally XRP is currently trading at $2.22, breaking out of a near…

May 1, 2025 - 01:00
 0  0
XRP Breaks Out Of 2025’s Largest Downtrend, As Holders Mature

The post XRP Breaks Out Of 2025’s Largest Downtrend, As Holders Mature appeared on BitcoinEthereumNews.com.

XRP has recently broken out from a multi-month descending wedge, signaling a potential reversal after the largest downtrend of 2025. Trading at $2.22, the cryptocurrency appears to be entering a new phase of bullish momentum.  This shift could mark the end of the persistent price decline that started in January, setting the stage for further growth. XRP Holders Are Holding On The dominance of short-term holders has significantly declined, indicating a positive shift in market dynamics for XRP. According to the HODL waves, the supply held by investors holding between 1 and 3 months has dropped from 12% to 6% in the span of two months.  This shift suggests that more short-term holders have transitioned into mid-term holders, reducing the likelihood of immediate sell-offs. This maturation of holdings is a positive sign, as it indicates more stability and less selling pressure in the short term stemming from confidence in price recovery. XRP HODL Waves. Source Glassnode XRP’s macro momentum is showing promising signs as the cryptocurrency pulls away from a potential Death Cross, which could have signaled a significant decline in price. The 50-day Exponential Moving Average (EMA) is currently trending upward, providing support for XRP as it moves away from bearish territory. The candlesticks are also positioned above the 50-day EMA, signaling that the altcoin is gaining strength and may continue its upward movement. The pullback from the Death Cross and the upward movement of the 50-day EMA provide technical evidence that XRP’s price could continue to rise. This shifting momentum, combined with improving market sentiment, suggests that XRP is setting itself up for a potential rally. Investors will closely watch these indicators as signs of further recovery. XRP EMAs. Source: TradingView XRP Price Is Aiming At A Rally XRP is currently trading at $2.22, breaking out of a near…

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow