The 20-day Moving Average (20-MA) stands at $0.49 due to the continued strong resistance, preventing any upward movements since late May. This level represents a pivotal point for the price of XRP, as optimistic price expectations depend on Ripple's success in turning this key resistance level into a support level.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
The 20-day Moving Average (20-MA) stands at $0.49 due to the continued strong resistance, preventing any upward movements since late May. This level represents a pivotal point for the price of XRP, as optimistic price expectations depend on Ripple's success in turning this key resistance level into a support level.
XRP