Coinpedia-Market-Insight

Rising From Ashes, Will XRP Cross $0.50!

XRP price has bounced back from a bottom support level of $0.46.
There's a warning of a potential death cross in the XRP daily price chart.
Crossing the $0.50 mark will enhance XRP's chances of regaining bullish momentum.
XRP is making efforts to stay above the 200-day EMA to avoid a death cross.
Higher price rejections and a previous downtrend indicate a significant overhead supply.
Current XRP price: $0.49740 with an intraday growth of 1.78%.
XRP has seen a 4.80% jump this week.
Bulls are struggling to dominate at the $0.50 mark.
RSI divergence indicates bullish dominance at $0.46.
Predicted XRP price by the end of 2023: $1, with a short-term target of $0.54.

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