CandleFocus

XRP Beat Major Cryptos with 4% Price Surge, Will It Hit $0.73?

According to recent developments, XRP is showing potential for significant price increases. Despite a market downturn, XRP has outperformed major cryptocurrencies with a 4% price jump. Positive developments, including the announcement of new partnerships, have attracted investors and institutions. XRP is currently trading near $0.597 and has experienced a 4% surge in the last 24 hours. Technical analysis suggests that XRP is bullish, trading above the 200 EMA. If XRP can close a daily candle above $0.65, it has a strong chance of reaching $0.75 in the near future. On-chain metrics also support a bullish outlook, with a high Long/Short ratio and increasing future open interest.

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