XRP is finally catching a break after weeks of getting hammered against Ethereum. The pair just landed in a major demand zone and managed its first real bounce, while momentum indicators are starting to turn around.
Technical Setup Shows Promise
Key Levels and Signals:
Price has pulled back into the W3 demand zone and held strong
Buyers stepped in immediately, triggering an initial bounce that shows real demand
RSI just bounced from oversold territory, creating bullish divergence
The momentum shift is circled on the chart and adds serious weight to the reversal case
If this demand zone keeps holding, we could see XRP/ETH push toward 0.0013 ETH resistance
The technical picture is getting interesting. XRP has been beaten down for weeks, but this demand zone is proving it can attract buyers. The RSI divergence is the cherry on top - when price makes new lows but momentum doesn't, that's usually when reversals happen.
Market Context Supports the Move
History shows similar demand zone tests often led to powerful reversals in this pair. Meanwhile, Ripple keeps pushing forward with global payment expansion and stablecoin projects, keeping long-term bulls engaged. With Ethereum stuck in consolidation mode, XRP has room to outperform and gain relative strength.
XRP/ETH Demand Zone Signals Possible Reversal
XRP is finally catching a break after weeks of getting hammered against Ethereum. The pair just landed in a major demand zone and managed its first real bounce, while momentum indicators are starting to turn around.
Technical Setup Shows Promise
Key Levels and Signals:
The technical picture is getting interesting. XRP has been beaten down for weeks, but this demand zone is proving it can attract buyers. The RSI divergence is the cherry on top - when price makes new lows but momentum doesn't, that's usually when reversals happen.
Market Context Supports the Move
History shows similar demand zone tests often led to powerful reversals in this pair. Meanwhile, Ripple keeps pushing forward with global payment expansion and stablecoin projects, keeping long-term bulls engaged. With Ethereum stuck in consolidation mode, XRP has room to outperform and gain relative strength.