XRP is currently showing bullish momentum as it pushes toward the strong resistance zone after bouncing off the 200 EMA, which is acting as dynamic support. This move follows a consolidation phase above the strong support zone, indicating accumulation.
If the price breaks and sustains above the resistance zone, it could trigger a strong upward move.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.