CandleFocus XRP climbs above $0.54 as Ripple announces exchange partners for Ripple USD stablecoin
2024-10-16
Author: Content Editor
Ripple (XRP) is holding steady above a key support level of $0.54 as payment remittance firm Ripple announces its exchange partners for its stablecoin RLUSD. The stablecoin is in its final stages of launch. The altcoin has been in a downward trend for over a year, but there is the potential for a 10.26% rally to reach the important resistance level of $0.60. Technical indicators suggest there is room for price gains, but a daily candlestick closing below $0.50 would undermine the bullish outlook.
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