Currently, altcoins have yet to surpass their all-time highs in this cycle, unlike previous periods where a 170% rise in the TOTAL3 was observed post-halving.
Positive Netflow SMA14 typically aligns with short-term selling pressure on Bitcoin, often triggering temporary corrections. Conversely, negative movement in this metric suggests an accumulation phase, marking a potentially bullish trend in the short term.
The EMA lines for XRP indicate uncertainty, with no clear directional signal at present. However, if bullish momentum returns, XRP price could test the resistance at $2.53.
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The SuperTrend indicator, applied to the 12-hour chart of XRP/USDT, has flipped to a bullish orientation—a pattern that preceded a meteoric 470% price surge the last time.