On the daily chart, XRP’s bullish momentum is reinforced by its Aroon Up Line, which currently sits at a perfect 100%. This reading signals that the token’s recent rally is strong and supported by notable buy-side pressure.
The Aroon indicator tracks how recently an asset has set a new high or low, offering insight into trend strength and potential continuation.
With the Aroon Up holding at this peak level, XRP has recently reached a 17-day high and appears poised for further gains. Such a reading typically suggests that bullish momentum is firmly in control, increasing the likelihood of a sustained upward move in the sessions ahead.
The Aroon indicator tracks how recently an asset has set a new high or low, offering insight into trend strength and potential continuation.
With the Aroon Up holding at this peak level, XRP has recently reached a 17-day high and appears poised for further gains. Such a reading typically suggests that bullish momentum is firmly in control, increasing the likelihood of a sustained upward move in the sessions ahead.
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Truly Unbiased Cryptocurrency News beincrypto.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.