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XRP Supertrend Flips Bullish But This Analyst Expects Something Different

XRP Supertrend Flips Bullish But This Analyst Expects Something Different

TimesTabloidTimesTabloid2026/09/09 19:09
By:TimesTabloid

The focus is on XRP’s weekly Supertrend indicator, which has officially flipped bullish. The signal is exciting investors not just because of its current reading, but because of what it has done before.

The 2022 Parallel

ChartNerd traces this setup back to 2022. After XRP’s cycle bottom was confirmed, the weekly Supertrend fired a bullish signal. XRP then rallied 90% into the 50-week exponential moving average (50 WEMA). That level acted as resistance and marked a local top. What followed was a 45% correction back to the June lows, which ultimately formed a macro double bottom price floor.

History Repeating in 2025

ChartNerd identifies the same sequence playing out now. On August 17, the weekly Supertrend flipped bullish again. Since then, XRP has broken out and pushed into the same 50 WEMA resistance zone, currently sitting around $1.52.

The chart shows the asset’s price compressing at that level. ChartNerd’s analysis is clear: “If history is to repeat, those who missed the $1.00 lows may still get another opportunity to scoop cheaper prices if we continue to reject the 50.”

That is the core of his thesis. The 50 WEMA rejected the rally in 2022. It sits as resistance again now. A repeat rejection could produce another significant pullback, giving sidelined traders a second entry point at lower prices.

Analyst Remains Positioned Regardless

ChartNerd is not waiting on that retrace. He states he is already positioned and continues to dollar-cost average. His view on a potential pullback is not a bearish call. It is historical precedent and a note to traders who may have missed the earlier move.

“I just simply believe we should be open to another deeper retrace by EOY,” he writes. He adds: “Count your blessings if we get it.”

The Level to Watch

The 50 WEMA at $1.52 is the critical level in this analysis. XRP briefly surpassed it after its surge of over 50%. The question now is whether it holds as resistance or gives way. It held in 2022, and a rejection at the same level today would align with ChartNerd’s projected scenario.

XRP traded at $1.39 at the time of the analysis. Traders watching XRP should monitor how price behaves at $1.52 in the weeks ahead. That reaction will determine whether the 2022 pattern repeats.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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