XRP Rally Dreams Hit Wall as SuperTrend Indicator Turns Bearish
The cryptocurrency XRP's rally dreams have hit a wall as its weekly SuperTrend indicator has turned bearish. This comes despite growing online chatter about XRP entering a 'super cycle', a sustained period of market expansion.
Analyst Ali Martinez posted the weekly XRP price chart, noting the disconnect between market sentiment and technical signals. The SuperTrend indicator showed XRP trading below its key level, indicating bearish momentum.
XRP had been above the SuperTrend line since 2025, but a reversal occurred at year's end, and it has remained beneath the trendline since. This is in contrast to Solana, which recently turned bullish on the same indicator after its daily price climbed above the trendline following a recovery rally.