XRP/BTC Pair Exhibits Bullish Momentum Amidst XRP's Sideways Trading
XRP/BTC 貨幣對在 XRP 橫盤交易中展現出看漲勢頭
Against the backdrop of XRP's recent sideways trading, the XRP/BTC pair has garnered significant attention in the crypto market, signaling bullish trends.
在 XRP 最近橫盤交易的背景下,XRP/BTC 貨幣對在加密貨幣市場中引起了極大關注,預示著看漲趨勢。
In an analysis shared by a renowned crypto market enthusiast, XRP's breakout from a 280+ day downtrend against BTC has been highlighted, based on weekly timeframe charts. The XRP/BTC pair reflects the trading relationship between Bitcoin and XRP, indicating XRP's relative strength or weakness.
在一位著名加密貨幣市場愛好者分享的分析中,根據每週時間框架圖表,強調了 XRP 相對 BTC 從 280 多天的下跌趨勢中的突破。 XRP/BTC 貨幣對反映了比特幣和 XRP 之間的交易關係,顯示 XRP 的相對強度。
Analyst's Bullish Observations
分析師的看漲觀察
According to Cryptoinsightuk, the downtrend that commenced with Judge Torres' statement that XRP is not a security has concluded after over 280 days. Additionally, the weekly Relative Strength Index (RSI) has shifted to bullish territory, moving out of the overbought zone. These factors collectively suggest a bullish outlook for XRP.
根據 Cryptoinsightuk 的說法,從托雷斯法官聲明 XRP 不是證券開始的下跌趨勢在 280 多天後已經結束。此外,每週相對強度指數(RSI)已轉向看漲區域,脫離超買區域。這些因素共同顯示 XRP 前景看好。
However, the market expert emphasizes the importance of increased trading volume to sustain this bullish momentum. "A large green weekly candle, supported by volume, that closes above the horizontal white line" would solidify XRP's potential for future targets. This could potentially pave the way for XRP to reach its anticipated wave three target of $1 or higher.
然而,市場專家強調增加交易量以維持這種看漲勢頭的重要性。 「在成交量的支撐下,一根巨大的綠色週蠟燭,收盤價高於水平白線」將鞏固 XRP 未來目標的潛力。這可能為 XRP 達到 1 美元或更高的預期第三波目標鋪平道路。
At the time of writing, the XRP token was trading in the green, exhibiting modest gains.
截至撰寫本文時,XRP 代幣交易呈現綠色,表現出適度的漲幅。