XRP Trades Below 50-Week SMA for 70 Days, Historical Patterns Suggest Potential Rally
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Historical Pattern Analysis: Analysts note that XRP's previous durations below the 50-week SMA—70 days in 2017 and 84 days in 2024—preceded price increases of 211% and 850%, respectively, suggesting a potential rally following the current 70-day period.
- Mixed Technical Signals: Despite historical data indicating a possible rebound, analysts warn that XRP could face a short-term correction exceeding 55% if it fails to maintain above key support levels, adding to market uncertainty.
- Market Liquidity Changes: Rising exchange inflows are interpreted by market observers as a signal that traders may be preparing to sell, which increases selling pressure on XRP and contributes to the current indecisive price action.
- Future Outlook: Analyst Egrag Crypto's fractal model indicates potential price expansion between June and October 2026 if XRP continues to follow historical patterns, but a break below certain lower bounds could invalidate the model's effectiveness.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
