XRP / Tether

I Am Not Convinced: Is XRP Bullish Now Or...

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Technically speaking, we have quite a few bullish signals. In fact, the whole chart structure is bullish, long-term.

Good morning my fellow XRP trader, here it is 2:35 AM.

I am not fully convinced as I don't see anything coming from this chart.

Are you expecting a strong move in the coming days?
Well, things can easily change.

Sometimes, when a pair moves very strong within a phase, the next phase it can become quite quiet. For example, many of the pairs that failed to grow strongly in late 2024 and early 2025 can start to move strongly now. And those pairs that did really good can continue to consolidate, sideways, with a downward bent.

While we are not bearish because we would never SHORT nor recommend SHORT until the end of the bull-market, for a rise we would look for hotter, more active pairs. Those pairs have a very different chart.

The way XRPUSDT looks like now it is as if it would like to continue sideways. That's the feeling I am getting from this chart. This feeling is supported by the chart signals as well as experience. Now, sideways doesn't mean down, it can rise but only to stop at resistance, then move lower but only to stop at support and continue with this sideways action for as long as...

I think XRP is going down.

Namaste.

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