XRP at an Inflexion Point: 2024’s 790% Rally Setup Repeating

XRP is approaching a decisive moment. Several key signals are pointing to a move that traders won't want to miss.

Welcome Crusaders! At first glance, XRP doesn’t look particularly exciting. It’s trading around $1.08, down roughly 70% from last year’s all-time high of $3.65, while remaining below every major daily exponential moving average.

And that’s hardly the sort of chart that attracts fresh buyers.

But while short-term technical indicators still lean bearish, the XRP Ledger is getting busier, leverage is being flushed out of the market, and longer-term indicators are quietly hinting that bears may be running out of steam.

2024’s 790% Rally Setup Repeating Itself

This is where things become more interesting…