KSRP confronted the risk of collision; $ 3 is a bike level to win, the prices of the price show

“You’re not small enough!” XRP Enthusiast exclaimed in X last week after Ripple, which uses a cross-border transaction token, said the US Securities and Exchange Commission dropped its case against the company.

Many others shared excitement and understandable, as the conclusion of a long legal battle was raised by the weight that distracted the relative performance of the KSRP while driving from 2021. years. In addition, there is an XRP ETF hype and hope token could become part of the American strategic reserve.

This is said, the recent price of prices does not reflect optimism, with XRP, it moves between $ 2.30-250 and key swing indicators flashing a large bear warnings in trend.

The KSRP rose over 11% to $ 2.59 last Wednesday, cheering the SEC news. Since then, tracking was anything but a bull, In spite of optimism This expected reciprocal trade tariffs by President Donald Trump 2. April can be measured than originally expected.

Chart from the wear

The first indicator signaling bear trends is a reversion of trends in the three-line pallet chart, which focuses only on price movements, and filters short-term noise. This helps identify the change in the trend as the proposed market, not arbitrary or more discretional trading.

The graph consists of vertical blocks called a line or bar (green and red). The inclusion of the bull happens when the green bar occurs with prices moving more than a maximum of three red bars. The bear shift was presented by the appearance of the red strip that transcends the lowest point of the previous three green bars.

In the case of the KSRP, the new red bar occurred at the beginning of this month in a weekly time frame and held intact after the Secn News. “Weekly” aspect means this chart of aggregates of price information during a week.

The new red bar indicates a bear shift in swing. Similar patterns characterized the beginnings of long-term bear markets in 2021. and early 2018. years.

Mak

Histogram moving average convergence (MACD) histogram is used to change the trend trends and trend changes, produces deeper bars below the zero line on a weekline. It is also a sign of strengthening a swinging set.

The indicator overturned positive in November, after which prices rose from $ 1 to $ 3.

Simple average average average 5- and 10 weeks (SMAS) has also crossed the bear, suggesting the way of the least resilience is to the undefined parties.

Bollinger Band

Bollinger Bands – Volinility bands set two standard deviations above and below KSRP’s 20-weeks – extended in response to a sharp cost of price consumption at the end of 2024. And early this year.

Historically, prices usually ranged lower after a sharp spread of Bendova Bollinger, as noted after mid-2021. And early 2018. Years.

When was it?

A firmly transition to $ 3, highly registered 2. Marta, would not undo the bear, denying a lower high sample to suggest the rebuilt Bullish technical prospects.

Some analysts Expect XRP to reach as much as $ 10 by the end of this decade.