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XRP/ETH Demand Zone Signals Possible Reversal
XRP is finally catching a break after weeks of getting hammered against Ethereum. The pair just landed in a major demand zone and managed its first real bounce, while momentum indicators are starting to turn around.
Technical Setup Shows Promise
Key Levels and Signals:
The technical picture is getting interesting. XRP has been beaten down for weeks, but this demand zone is proving it can attract buyers. The RSI divergence is the cherry on top - when price makes new lows but momentum doesn't, that's usually when reversals happen.
Market Context Supports the Move
History shows similar demand zone tests often led to powerful reversals in this pair. Meanwhile, Ripple keeps pushing forward with global payment expansion and stablecoin projects, keeping long-term bulls engaged. With Ethereum stuck in consolidation mode, XRP has room to outperform and gain relative strength.