XRP has reached a notable technical turning point. With the 100-day moving average (EMA) serving as a key indicator for medium-term momentum, XRP is hovering around the $2.27 level.
Resistance and support are forming simultaneously just above the 100-day moving average, and as the 50-day moving average approaches, the possibility of a golden cross is increasing. This could be a strong buy signal.
However, if this range is not maintained, it may drop below $2, requiring caution. XRP is currently showing a triangular convergence pattern, suggesting significant price volatility. Sharp fluctuations may occur in a low trading volume situation.
Meanwhile, Bitcoin is trading around $107,000, confronting the support line that has continued since last month. It has maintained an upward trend in the 96,000-dollar box range, supported by the 50-day and 100-day moving averages.
Ethereum is showing upward momentum ahead of $2,700. Particularly, its relative strength against Bitcoin is improving. As the 200-day and 50-day moving averages converge, sending a medium-term bullish signal, the possibility of breaking through $3,000 has increased.
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