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XRP MACD Signals Bearish Momentum Is Weakening as Bullish Cross Nears

XRP MACD Signals Bearish Momentum Is Weakening as Bullish Cross Nears

What Know

  • XRP’s negative MACD histogram bars are contracting, showing weaker selling pressure while the broader momentum structure remains broadly bearish overall.
  • A bullish crossover requires the MACD line to curve upward, cross its signal line and produce expanding positive histogram bars.
  • Historical cycles provide important context, but the unfinished higher-timeframe bar could change before confirming EGRAG Crypto’s potential macro turning-point scenario.

 


Crypto analyst EGRAG Crypto has identified weakening bearish momentum within XRP’s MACD structure as negative histogram bars contract. According to EGRAG Crypto, selling pressure remains active, although its declining strength could prepare XRP for a bullish crossover.


However, the chart has not confirmed that reversal because the MACD line still needs to cross above its signal line. The chart tracks XRP’s Moving Average Convergence Divergence indicator across several market cycles dating back to approximately 2015.


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Contracting Histogram Bars Signal Reduced Selling Pressure

Its cyan MACD line follows momentum direction, while the magenta signal line helps traders recognize meaningful changes through crossovers. Meanwhile, histogram bars measure the distance between both lines and often react before the broader indicator changes its direction.


Positive bars appear above zero, whereas negative bars indicate that bearish momentum still controls XRP’s underlying technical structure. Nevertheless, the newest negative bar appears smaller than the preceding bar near the analyst’s marked potential turning point.


This contraction suggests that the distance between both lines may have started narrowing across the chart’s higher timeframe. Consequently, sellers could be losing momentum even though buyers have not secured complete control over XRP’s wider market direction.


EGRAG Crypto outlined several developments needed before the chart can provide stronger macro confirmation for XRP’s potential momentum reversal. Negative bars must contract consistently before the histogram approaches zero and signals a more balanced contest between buyers and sellers.


Additionally, the MACD line must stop falling, curve upward and cross above the signal line during a completed chart period. Expanding positive bars following that crossover would offer stronger evidence that bullish momentum has replaced the existing bearish structure.


Historical XRP Cycles Add Context

Historical formations offer context because marked crossovers around 2018 and 2022 followed contractions near major positive momentum peaks. Its subsequent decline also formed the deepest negative histogram cluster displayed, reflecting a considerable reset in long-term market momentum.


Furthermore, the latest bar may represent an unfinished higher-timeframe period because the published chart carries an August 25 timestamp. XRP’s chart therefore indicates weakening bearish momentum, while a bullish crossover remains essential for confirming EGRAG Crypto’s turning-point scenario.


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