XRP/BTC Pair Exhibits Bullish Momentum Amidst XRP's Sideways Trading
XRP/BTC 货币对在 XRP 横盘交易中展现出看涨势头
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 最近横盘交易的背景下,XRP/BTC 货币对在加密货币市场中引起了极大关注,预示着看涨趋势。
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.
在一位著名加密货币市场爱好者分享的分析中,根据每周时间框架图表,强调了 XRP 相对 BTC 从 280 多天的下跌趋势中的突破。 XRP/BTC 货币对反映了比特币和 XRP 之间的交易关系,表明 XRP 的相对强弱。
Analyst's Bullish Observations
分析师的看涨观察
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.
根据 Cryptoinsightuk 的说法,从托雷斯法官声明 XRP 不是证券开始的下跌趋势在 280 多天后已经结束。此外,每周相对强度指数(RSI)已转向看涨区域,脱离超买区域。这些因素共同表明 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,市场专家强调增加交易量以维持这种看涨势头的重要性。 “在成交量的支撑下,一根巨大的绿色周蜡烛,收盘价高于水平白线”将巩固 XRP 未来目标的潜力。这可能为 XRP 达到 1 美元或更高的预期第三波目标铺平道路。
At the time of writing, the XRP token was trading in the green, exhibiting modest gains.
截至撰写本文时,XRP 代币交易呈绿色,表现出适度的涨幅。