XRP Technical Analysis Reveals Potential Price Surge Threshold

Crypto analyst Egrag Crypto has shared an in-depth analysis of XRP’s price behavior using exponential and simple moving averages as key indicators for identifying trends. His analysis focuses on the relationship between the 21-week Exponential Moving Average (EMA) and the 33-week Simple Moving Average (SMA). 21-week EMA is used to identify bull market tops, while the 33-week SMA acts as a long-term indicator of potential downturns. Egrag outlines key turning points in price based on these moving averages, suggesting that a bearish cross between the 21-EMA and the 33-SMA could signal a significant market downturn for XRP.