[Coin World] XRP shows a bullish divergence signal against Ethereum, analysts predict it may perform well, as XRP consolidates near its previous historical high, while ETH has pulled back after recently reaching a high. The key support level is at $2.77, and the RSI and MACD indicate that bearish pressure is fading. In the context of general optimism in the crypto assets market, the Fed's interest rate cut expectations and Bitcoin's rebound momentum breaking through $111,000 could further enhance XRP's momentum.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
XRP/ETH is currently exhibiting a bullish divergence and is expected to break through its historical high.
[Coin World] XRP shows a bullish divergence signal against Ethereum, analysts predict it may perform well, as XRP consolidates near its previous historical high, while ETH has pulled back after recently reaching a high. The key support level is at $2.77, and the RSI and MACD indicate that bearish pressure is fading. In the context of general optimism in the crypto assets market, the Fed's interest rate cut expectations and Bitcoin's rebound momentum breaking through $111,000 could further enhance XRP's momentum.