Midnight(NIGHT)
$0.09
+37.00%
Internet Computer(ICP)
$3.17
+7.95%
GameBuild(GAME)
+
Act I : The AI Prophecy(ACT)
$0.19
-2.48%
Uniswap(UNI)
$6.32
+10.86%
VeThor Token(VTHO)
$0.00
-2.41%
API3(API3)
$3.93
-1.81%
WOO(WOO)
$0.55
-6.79%
Merlin Chain(MERL)
$0.43
+12.23%
Mira(MIRA)
$1.86
+35.10%
Swarms(SWARMS)
$0.07
+61.45%
Aleo(ALEO)
+
Access Protocol(ACS)
$0.00
+1.69%
Big Time(BIGTIME)
$0.49
-6.20%
Midnight(NIGHT)
$0.09
+37.00%
Internet Computer(ICP)
$3.17
+7.95%
GameBuild(GAME)
+
Act I : The AI Prophecy(ACT)
$0.19
-2.48%
Uniswap(UNI)
$6.32
+10.86%
VeThor Token(VTHO)
$0.00
-2.41%
API3(API3)
$3.93
-1.81%
WOO(WOO)
$0.55
-6.79%
Merlin Chain(MERL)
$0.43
+12.23%
Mira(MIRA)
$1.86
+35.10%
Swarms(SWARMS)
$0.07
+61.45%
Aleo(ALEO)
+
Access Protocol(ACS)
$0.00
+1.69%
Big Time(BIGTIME)
$0.49
-6.20%
XRP Defies Chaos: Analysts Highlight Bullish Reversal as Markets Digest FOMC Volatility
By
Coin Edition
10 days ago
FOMC
X
X
XRP
RVL
- Crypto analyst Egrag Crypto noted that the weekly candle at $1.94 for XRP formed an inverted hammer
- Another analyst, ChartNerd, pointed out that the RSI compression and Stochastic RSI are in oversold territory
- FOMC delivered its final rate decision of this year on December 10, cutting the US federal funds rate by 25 basis points to a range of 3.50% to 3.75%
Several technical analysts on X are pointing to early signals that XRP’s price might be reversing. They suggest the recent sell-off could be ending, with a potential bottom forming that might lead to a short-term upward move.
Crypto analyst Egrag Crypto noted that weekly candle near $1.94 formed an inverted hammer, a pattern traders often treat as one of the strongest single candle bullish reversal signals when it prints after a clear downtrend.
Related: Should You Buy the Dip? Analyzing the Crypto Market Cra…
Read The Full Article XRP Defies Chaos: Analysts Highlight Bullish Reversal as Markets Digest FOMC Volatility On Coin Edition.
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