๐ฅ XRP price analysis
๐ XRPโs Surge: On August 7, XRP climbed above the moving averages and hit the overhead resistance at $0.64, showing strong buying from the bulls.
๐ Support and Resistance: Bears are defending $0.64, but bulls have kept the price above the 20-day EMA ($0.57). If XRP turns up from here, it could rally past $0.64 and potentially reach $0.74.
๐ Downside Risk: A drop below the 20-day EMA may indicate a range-bound phase between $0.41 and $0.64 for a while longer.
