On the USDT paired chart, the price is breaking above both the 50-day and 200-day moving averages, converging around the $0.52 mark.
If the market holds above this area, the key resistance level of $0.55 would be the next target. Breaking out from this level would initiate a new rally in XRP’s price, with the market likely to move towards the $0.9 level in the coming months.
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