XRPUSD: Failed to recover the 1W MA200, targets a $0.8500 bottomXRPCRYPTO:XRPUSDInvestingScopeXRP remains heavily bearish on its 1W technical outlook (RSI = 34.670, MACD = -0.231, ADX = 23.487) as not only is its 1 year Channel Down (since its Cycle Top) holding, but has failed to recover and close above its 1W MA200 for the past 2 months. This is a similar bearish development as the second half of 2019 and 2022. It was the 1W MA450 that held, turned into a macro-Support and priced the Cycle bottoms. Right now that range is between 0.8500-0.8000. That is technically a strong long term buy entry for the upcoming Bull Cycle in 2027 - 2029. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##