XRP's market behavior is currently resembling Bitcoin's chart prior to its surge from $70,000 to $100,000 in late 2024. Despite bearish signals indicated by the MACD (Moving Average Convergence Divergence) histogram, XRP's price has shown resilience, remaining stable around $2 to $2.60. This indicates potential underlying strength, suggesting a forthcoming bullish trend. Historically, similar patterns were seen in Bitcoin last summer, where it remained range-bound while displaying bearish MACD signals before eventually surging. Analysts emphasize that XRP may follow a comparable trajectory. The support from upward-sloping simple moving averages further bolsters the optimistic outlook for XRP as traders speculate about its next moves in a recovering market.

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