XRP Volatility Alert: New Ethereum Trendline Hints at Market Instability

Technical indicators are flashing warnings of a potential surge in XRP price volatility, leading traders to consider the asset’s current fragility. Although XRP has climbed above the $2 mark and displayed some bullish signs, it struggles to overcome crucial resistance levels like the 100 EMA. A crossover between the 50 EMA and 100 EMA, a short-term signal often predicting increased volatility, is anticipated, potentially triggering selling pressure and causing investor confidence to fluctuate. 100 EMA rejection further indicates waning interest from buyers.