Crypto Blog
XRP’s price has been caught between two significant moving averages when looking at the chart against USDT, and it’s trading below both of these moving averages when considering the BTC trading pair chart.
Against USDT, it is evident that XRP’s price has been gradually increasing in recent days, but it has not yet surpassed the 200-day moving average, which is approximately $0.53. If the price breaches this level, it will face a significant resistance zone at $0.6. The medium-term outlook for the market greatly depends on how the price responds to this critical $0.6 level.
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