April 18, 2026 ChainGPT

Analysts Split: 20SMA Flip Fuels XRP Rally Bets, But Range Pressure Keeps Bears Alive

Analysts Split: 20SMA Flip Fuels XRP Rally Bets, But Range Pressure Keeps Bears Alive
Headline: Analysts Split on XRP’s Next Move — 20SMA Flip Sparks Bull Case, But Range Pressure Persists Crypto analysts are divided over XRP’s near-term trajectory after the token recently found footing around a key moving average — a development some say signals upside, while others warn it’s still trapped in range-bound chop. Mattsby: zoom out to the 2-month chart, watch the 20SMA - Crypto analyst Mattsby told followers on X that the clearest macro view of XRP comes from the 2-month chart with the 20SMA applied. Historically, he says, XRP tends to demonstrate bullish momentum when it sits above that moving average and may consolidate painfully while it remains below it. - Mattsby pointed out that XRP has been trading around this 20SMA since November 2024, and what was once resistance is now “flipping into solid support.” That dynamic underpins his continued bullish stance: support is holding and the macro trend, he argues, remains intact. Chart Nerd sees a relief rally — targets to watch - Fellow analyst Chart Nerd also turned bullish, noting that multiple timeframes now suggest a potential relief rally after months of pressure. - He highlighted $1.54 and $1.87 as reclaim targets during that bounce, with $1.560 cited as immediate resistance on the way up. - The analyst’s view aligns with the broader market: XRP is already participating in a relief bounce alongside Bitcoin and other crypto assets. CasiTrades warns XRP is still capped — downside remains on the table - Not everyone is optimistic. CasiTrades emphasized that XRP has been ranging below $1.60 for more than 68 days and remains “trapped below resistance,” keeping her macro outlook bearish. - She says the market is waiting for one of two outcomes: a drop to macro support levels around $1.09 and $0.87, or a decisive break and hold above $1.65 to flip the market bullish. Until then, she describes price action as continued chop, with XRP stuck in a tight zone between $1.28 and $1.39 — and expects price continuation toward lower supports if XRP breaks beneath $1.28. Price snapshot - At the time of writing, CoinMarketCap shows XRP trading around $1.43, up roughly 2% over the past 24 hours. Bottom line - Short-term outlook remains contested: the 20SMA flip on the 2‑month chart gives bulls a clear technical argument for upside, while persistent range trading and long-term resistance keep bears cautious. Traders should watch the key levels flagged by analysts — immediate resistance near $1.56 and decisive break points at $1.65 on the upside or $1.28/$1.09 on the downside — to gauge the next meaningful leg for XRP. Read more AI-generated news on: undefined/news