XRP Analyst Sees Recent Price Action as Temporary Deviation
Crypto analyst CrediBULL Crypto (@CredibleCrypto) believes that XRP's current price action aligns with his larger bullish outlook. He thinks that the recent move below the range lows is a temporary deviation, rather than the start of a sustained decline.
In a recent post on X, CrediBULL Crypto stated that 'still believe we are just seeing a deviation below these range lows atm' and that he ultimately expects the next upward move to target the range highs. He added that not much has changed for XRP, despite it taking longer than expected to establish a local bottom.
The analyst points out that buyers have continued to defend the lower part of the trading range, with repeated reactions around the same support zone. This suggests that demand remains active around this level.