XRP Skyrockets 20%: Can It Break Through Key Resistance? 🚀
XRP has experienced a significant price surge, rising by 20% after hitting important support levels. This rise signals a potential bullish reversal, as investors regain confidence in the cryptocurrency. XRP is currently trading near $2.38, showing strong buying momentum. This suggests a shift in market sentiment from bearish to bullish.
A key technical factor influencing XRP's price movement is the 100-day Exponential Moving Average (EMA), acting as a crucial resistance level. If XRP manages to break above this resistance, it could trigger an extended bullish run and potentially push prices toward $2.60.
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![Ripple [XRP] shows reversal signals – Is THIS pattern a warning?](https://loutre.blockchair.io/w4/storage/news/2d065a81e30cf52ab74493b9ec97beaa.png){kind=small}
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