XRP Closes Below 200WMA for First Time Since 2024 Rally: Is This the Best Buying Opportunity?

thecryptobasic2026-07-02 09:11:16

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XRP Closes Below 200WMA for First Time Since 2024 Rally: Is This the Best Buying Opportunity?

XRP has now closed below the 200-week moving average for the first time since the 2024 rally, confirming the overall bearish market trend. This move comes during the ongoing downtrend that started in Q4 2025 and has now lasted for ten months.

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