XRP Weekly Super Trend Flips Bullish, But Analyst Warns of Historical Pattern
XRP’s weekly Super Trend indicator turned bullish on August 17 after the token rallied roughly 70% from $0.98 to $1.70. However, analyst ChartNerd cautions that this exact signal has marked local tops before deep pullbacks in every previous cycle dating back to 2019, and XRP is currently stalling at the resistance level that decided those earlier setups.
Bullish Signal Meets Key Resistance Zone
ChartNerd’s analysis focuses on the price action following XRP’s recovery from the $0.98 area. The token advanced about 70% toward $1.70, where it encountered the 50-week exponential moving average (EMA), currently near $1.52. Simultaneously, XRP has been trading between that resistance and the 20-week EMA around $1.29 to $1.30.
“Whilst beneath the 50 and above the 20, we’re simply compressing,”
ChartNerd said, describing the recent price action as a period of chop while traders wait for a clearer direction.
That caution stems from XRP’s earlier cycle history. In 2022, the token rallied about 90% from its cycle low before a bullish Super Trend flip appeared around the 50-week EMA, a move followed by a 45% correction. In 2019, another bullish flip during the bear market preceded a 56% correction, and after the 2020 cycle low, XRP also printed a bullish flip before falling 32%.
ChartNerd argues this pattern has appeared often enough to warrant caution.
“Bullish super trends usually mark local tops,”
the analyst said, while stressing that historical behavior does not guarantee the same outcome this time.
He also placed a greater structural change around $1.90, noting that XRP would need to clear the $1.50 to $1.90 zone before the move toward its previous high looks more convincing. A short-term push above $1.52 is still possible, the analyst said, but even a close above the 50-week EMA would not automatically remove the historical warning.
Price Action Remains Choppy This Week
As CryptoPotato reported earlier, XRP dipped toward $1.39 during one leg of Bitcoin’s recent slide before buyers stepped back in to push it to $1.44. At the time of writing, the token had fallen close to 4% in the last 24 hours and was again trading near $1.38, according to CoinGecko data. It is up 1.5% over the past week but down more than 53% from a year ago, and remains about 62% below its all-time high of $3.65 from July 2025.
Bitcoin has been chopping between $77,600 and $80,000 over the past few days, and XRP’s swings have largely tracked that back-and-forth rather than moving on independent catalysts.
Futures Volume Surges, ETF Inflows Slow
The Ripple token’s futures volume picked up in August, with trading across the three biggest exchanges topping $64 billion, the busiest month in half a year. Spot XRP ETFs continued adding money, although the pace slowed significantly, with weekly inflows dropping to just under $19 million last week after bringing in more than $110 million the week before. So far this week, SoSoValue data shows net inflows have hit about $13.83 million.
