Recent Surge and Technical Indicators
XRP has been on a strong upward trajectory after recovering from a severe downtrend that began in March 2024. At that time, the price hit a resistance level of $0.72, which triggered a bearish phase. Over the subsequent months, XRP lost more than 40% of its value, dipping below the 200-day exponential moving average (EMA), a key indicator used to assess long-term trends.·
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