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XRP.X Crypto Tickeron detected bearish Crypto Pattern: Triangle Symmetrical Top XRP.X on January 31, 2025, netting in a 5.53% gain over 5 days

A.I.dvisor
at Tickeron.com
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+5.53% Gain from a Successful pattern Triangle Symmetrical Top
XRP.X - XRP cryptocurrency
Tickeron
Ticker: XRP.X
Company: XRP cryptocurrency
Gain from shortening: +5.53%
Confirmed: 01/31/25
Succeeded: 02/01/25
Total length: 5 days
On January 27, 2025, A.I.dvisor detected a Triangle Symmetrical Top Pattern (Bearish) for XRP cryptocurrency (XRP.X, $3.053185). 4 days later, on January 31, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On February 01, 2025, the stock hit the target price of $2.625200 – resulting in a gain for traders who shorted the stock on the pattern detection date.

XRP.X saw its Stochastic Oscillator recovers from the overbought zone

The Stochastic Oscillator for XRP.X moved out of overbought territory on February 18, 2025. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 83 similar instances where the indicator exited the overbought zone. In of the 83 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

XRP.X moved below its 50-day moving average on February 20, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for XRP.X crossed bearishly below the 50-day moving average on February 09, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 25 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where XRP.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for XRP.X entered a downward trend on February 10, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where XRP.X's RSI Oscillator exited the oversold zone, of 45 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on February 14, 2025. You may want to consider a long position or call options on XRP.X as a result. In of 136 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for XRP.X just turned positive on February 15, 2025. Looking at past instances where XRP.X's MACD turned positive, the stock continued to rise in of 56 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XRP.X advanced for three days, in of 412 cases, the price rose further within the following month. The odds of a continued upward trend are .

XRP.X may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

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XRP.X
Daily Signalchanged days ago
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