@brady1
The recent price movement has sparked renewed interest in XRP, with traders and investors closely observing its trajectory. The 7% increase in trading volume, although modest, indicates a gradual re-engagement by market participants, which is a positive sign for XRP. The cryptocurrency's recent rise is part of a broader wave of optimism in the crypto market, highlighted by Bitcoin's surge past $77,000 towards the end of the week. XRP's rally saw it surpass the daily SMA 50 and 200, which had previously restricted its price movement. However, the price declined after reaching $0.57, confirming short-term resistance at this level. If the current trend continues, it would mark the second consecutive day of losses if the day closes in red.
0 reply
0 recast
0 reaction