XRP is showing renewed signs of strength, with technical indicators pointing toward an extended bullish phase.
According to market analyst EGRAG CRYPTO, both the price and the Relative Strength Index (RSI) for XRP are trending upward, a signal that momentum and investor confidence are rising in tandem.
Price and RSI Confirm Uptrend
From a macro perspective, XRP’s price continues to follow an ascending path, reflecting sustained buying interest and positive sentiment among traders. The slope of the price trend, estimated at around 7, underscores steady upward pressure in the market.
Meanwhile, the RSI, a widely tracked momentum indicator, has also been climbing with a slope of roughly 9 to 10. This parallel rise in price and RSI suggests that bullish momentum is intensifying rather than weakening. Typically, when both metrics move in the same direction, it signals confirmation of a trend rather than an upcoming reversal.
No Divergence, No Warning Signs
EGRAG emphasizes that there is currently no divergence between price and RSI, meaning both indicators are reinforcing each other instead of moving in opposition. This alignment eliminates one of the most common warning signs of an impending pullback. In technical terms, this combination represents a strong bullish continuation pattern that could keep driving XRP higher in the near term.
The Road to $4 and Beyond
According to the analysis, XRP’s next major milestone sits at the $4 mark, a psychological resistance level that, if broken, could confirm the next leg of the long-term rally. For traders watching macro cycles, this setup mirrors the kind of synchronized momentum that often precedes major breakout phases.
In EGRAG’s words, the current chart “is highly bullish,” with both trend lines signaling strength. If XRP maintains this trajectory and closes above $4, it could mark the beginning of a new phase of appreciation, or, as the analyst describes it, XRP’s path “to Valhalla.”