XRP Technical Signal Resurfaces, Market Opportunity Emerges
- Technical Signal Resurgence: Analyst ChartNerd highlights that XRP's price has returned to the lower regression band of the Gaussian Channel at $1.04, a behavior that has consistently repeated in historical cycles, indicating potential new market opportunities.
- Historical Cycle Comparison: The chart compares several market cycles since 2014, emphasizing that each bear market has pushed XRP into the lower regression band, followed by swift rebounds that created cycle peaks in 2018 and 2021.
- Future Price Expectations: While ChartNerd anticipates XRP could reach $0.90 or $0.70 in 2026, he notes that current signals suggest a potential bottom may form before Q4, making it crucial for investors to monitor closely.
- Long-Term Opportunity Outlook: ChartNerd stresses that XRP's current price level aligns with historical cycle lows, and although short-term volatility may occur, he believes this sets the stage for a significant upward movement in the future.
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Technical Analysis for MAJOR
Technical Sentiment Analysis for Major (MAJOR). As of , Major (MAJOR) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MAJOR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, MAJOR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Major (MAJOR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0114 | 0.0207 | 0.0298 | 0.0391 | 0.0482 | 0.0575 | 0.0666 |
| Fibonacci | 0.0207 | 0.0277 | 0.0321 | 0.0391 | 0.0461 | 0.0504 | 0.0575 |
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