XRP’s Uphill Battle for $0.5
XRP, known for its utility in cross-border payments and as a bridge currency, finds itself in a persistent struggle to breach the $0.5 resistance level. As of the latest updates, XRP is trading just below this crucial mark, hovering around $0.47. The asset has encountered significant resistance from the 50-day Exponential Moving Average (EMA) at approximately $0.50, with further hurdles posed by the 100-day EMA around $0.52 and the 200-day EMA near $0.53.·
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