XRP analyst forecasts Cycle 3 timing window after 50% compression pattern

Crypto analyst Egrag Crypto has released a new study on XRP, focusing on the monthly chart and specifically examining the interaction between the 21-month exponential moving average (EMA) and the 33-period moving average (MA). Egrag Crypto is an independent market analyst known for technical studies and long-term trend analyses of major cryptocurrencies. The analysis centers on episodes where XRP experienced a bearish crossover between the 21-month EMA and the 33-period MA. In technical analysis, such crossovers can sometimes indicate a shift in price trends, with bearish crossovers marking possible corrections or bottoms.

Source: CoinTurk News