Crypto News

Price Reclaims Above $0.4850 After weeks of downward movement, XRP finally saw a glimmer of hope as the price started to recover. The cryptocurrency managed to break above the critical $0.4850 level, which was a major resistance point. This move was welcomed by investors and traders, causing a surge in demand for XRP. As a result, the price continued to rise, reaching new highs in the past few days. Reclaiming the 100-Hourly SMA One of the key technical indicators for XRP is the 100-hourly SMA (Simple Moving Average). This moving average is used to track the average closing price of XRP over the past 100 hours. After a long period of trading below this level, the recent price surge has enabled XRP to reclaim this important level. This is seen as a bullish sign for the cryptocurrency and could potentially lead to more upside movement. Potential for More Upsides With the price of XRP now above the 100-hourly SMA, many analysts and traders are predicting that there could be more...