Recent achievements! XRP has bottomed out and is ready to go! The market is about to usher in an explosive rebound!
After a short-term correction, XRP has completed the "emotional reshuffle" and the bullish signal has become stronger. From the 4-hour candlestick chart, the MA moving average has now formed a standard bullish arrangement, which is a classic bullish signal, indicating that the market momentum has returned to the control of the bulls, and the subsequent upward momentum is quite expected.
What is more striking is that the CCI indicator has fallen into the oversold zone. This not only indicates that the market sentiment is extremely pessimistic, but also represents that the rebound momentum is accelerating. The oversold zone has always been one of the important turning points in the market, and it is the best basis for the weakening of short-selling power and the counterattack of bulls.
The price of XRP is gradually moving towards the critical point of upward breakthrough, and the market atmosphere is gradually warming up. Combining technical signals and market sentiment, a strong rebound may come faster and more violently than expected!
The critical point of the rebound outbreak, what are you waiting for? Pay attention to Boshi and grasp every change in the crypto market!
