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XRP Just Flashed Its First Buy Signal Since Mid-June. Will the XRP Price Rally?

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XRP Just Flashed Its First Buy Signal Since Mid-June. Will the XRP Price Rally?
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XRP Just Flashed Its First Buy Signal Since Mid-June frames a potential momentum change after a prolonged dip. On July 2, analyst Ali Martinez reported that the SuperTrend indicator on XRP’s 4-hour chart issued a buy signal for the first time since mid-June. The prior buy signal preceded a 14.2% rally, but the April signal later failed, with XRP trading more than 25% lower by late June after rising near $1.43. The article says XRP closed at $1.087 on July 2, marking its first close above $1.07 since June 24, and has climbed back to $1.11 after about a week and a half near $1.05. For confirmation, it cites levels around $1.10–$1.13 and a need to hold above $1.06. It also points to monthly RSI breaking below 40 and to spot XRP ETFs returning to a $6.55 million inflow on the same day.

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