XRP Eyes $1.80 to $1.90 If It Clears 50-Week EMA: Analyst

The bullish case leans on 2022, when XRP rose 90% off its June bottom to the same weekly band, then pulled back before a later breakout. Crypto analyst ChartNerd argued in a YouTube video posted on September 28 that XRP could climb to $1.80-$1.90 if it clears resistance on its weekly and monthly charts. The call depends on a level the asset has failed to break for six weeks, and the analyst warned that a rejection there could bring a deeper pullback first. XRP Faces Resistance on Weekly and Monthly Charts In a video posted on September 28, ChartNerd focused on XRP’s Gaussian Channel, a technical indicator built around regression bands that can track longer-term price trends. The immediate test is the 50-week exponential moving average, currently around $1.52. XRP has failed to break that level for six weeks and was trading near $1.47 when the analysis was published. The monthly Gaussian Channel also adds another layer of resistance, with its upper regression band around $1.50. ChartNerd’s scenario depends on XRP closing above these levels. According to him, a sustained move through the upper band could put $1.80 and $1.90 in reach, while a failure could produce a deeper retracement...