XRP closes below 50-week EMA for sixth straight week
Image: The Crypto BasicXRP closed the week at $1.51575, just below its 50-week EMA at $1.51967. That was the sixth straight weekly close below the level, which both reports described as resistance. Analyst ChartNerd said XRP could move toward $1.80 to $1.90 if it clears the 50-week EMA and the $1.50 to $1.60 zone. Both reports cited XRP near $1.47.
Key points
- Analyst ChartNerd said XRP could reach $1.80 to $1.90 if it clears the 50-week EMA.
- That was the sixth straight weekly close below the level, which both reports described as resistance.
Why it matters
XRP remains below a level that has capped it for six weeks, so the 50-week EMA and $1.50 to $1.60 zone are the immediate technical reference points. ChartNerd linked a sustained break above them to a possible move toward $1.80 to $1.90.
What's unclear
The reports give different 24-hour XRP declines, 2.7% and 3.5%.
Whether XRP can sustain a close above the 50-week EMA and the $1.50 to $1.60 resistance zone remains unknown.
Price context · XRP
At publication
$1.51
Now
$1.51
Change since
+0.00%
7 days · dashed line = publication
Sources · 2 publishers
CryptoPotato
Tier 2
XRP Eyes $1.80 to $1.90 If It Clears 50-Week EMA: Analyst
Coverage timeline
- First reported by The Crypto Basic
- Confirmed by CryptoPotato
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error