XRP Price Surges Past Key Technical Barrier, Eyes $3 Target 🚀
XRP has broken through a significant technical barrier by exceeding the 50-day exponential moving average (EMA). As of March 24, it is trading around $2.48, reflecting a 1.69% increase. This move signals renewed buyer interest, emerging from a period of consolidation.
The breach stands out as it occurs within a descending channel where XRP has been coiling. With the current price testing the upper boundary of this pattern, a breakout could potentially lead to prices between $2.80 and $3.00.
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