The price of XRP has increased by over 8% and reached its highest level since July 2023. The cryptocurrency had been at risk of experiencing a "death cross" on its daily chart, which is typically seen as a bearish indicator. However, the price of XRP has shifted, causing the 50-day moving average to start moving up again. This reversal in momentum is viewed as a positive sign, particularly after the recent strong rally in price. The surge in value has not only avoided the death cross, but has also generated optimism about the future trajectory of XRP.



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