XRP Analyst Warns of Cautious Outlook Despite Breakout Above Daily EMAs
Crypto analyst ChartNerd is cautious about XRP's recent breakout above its daily 20 and 50 exponential moving averages (EMAs). While this move represents an improvement in short-term price structure, ChartNerd warns that XRP has now reached another important test on the weekly chart. The token has pressed into the weekly 20 EMA, a significant resistance level according to ChartNerd.
ChartNerd pointed out that XRP's performance during previous rallies since October 2025 continues to support a cautious approach. Each recovery eventually led the token to establish new lows, and he believes this history remains important because XRP has repeatedly produced short-term rallies without establishing a lasting reversal in the larger trend.
The analyst emphasized that XRP's macro downtrend remains intact for now. He did not change his cautious outlook and is waiting for stronger evidence that XRP can maintain the move above its weekly 20 EMA.