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🚀 XRP Soars to 45-Day Peak: ’Guppy’ Indicator Signals Bullish Breakout Ahead

🚀 XRP Soars to 45-Day Peak: ’Guppy’ Indicator Signals Bullish Breakout Ahead

Author:
Coindesk
Published:
2025-07-09 12:25:58
20
3

XRP just flexed its muscles—hitting a 45-day high as traders eye the Guppy momentum indicator flashing green. Here’s why this could be the start of a bigger rally.

The Guppy Effect: More Than Just Fishy Hopes

Named after the colorful fish (and trader Daryl Guppy), this multi-timeframe indicator suggests accumulating bullish pressure. When shorter-term moving averages overtake longer ones, even skeptics pay attention—though Wall Street might dismiss it as 'technical voodoo.'

Breaking Down the Move

XRP’s surge defies the usual summer crypto doldrums. No major news catalyst? Just pure chart dynamics doing the heavy lifting—for once.

What’s Next: Resistance Levels in Play

The 45-day high puts XRP in uncharted territory since its last pullback. If the Guppy’s right, we’re looking at a classic 'buy the breakout' setup—unless, of course, some whale picks today to cash out and 'rebalance their portfolio.'

XRP chart (TradingView)

The bullish crossover of the Guppy averages indicates that the path of least resistance is now on the higher side, with potential for a rally to $2.649, the high registered on May 14.

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