XRP at the start of a powerful rally 📈

XRP is experiencing a rare momentum reset with signs of a sharp rally. The RSI fell to 30, the second low in history, from 91 in record time. Such levels (32 and below) previously marked large bottoms.

The market suddenly turned bearish. The base is holding at $1.38, versus $0.38 before the last 500% jump - the target is around $6.50 if repeated.

MACD is at a historical low, increasing the chance of a reversal. According to the wave theory, the second wave is completed, the third is ahead with zones of $8–12.

Catalyst: Clarity Act advances after agreements with banks, Ripple emphasizes market role. Criticism from Cardano founder: XRP favorite.

Price $1.42.‌‌