XRP has seen a 12% increase in the last 24 hours and has reclaimed the $3 price level after a drop on Monday. The cryptocurrency is maintaining its 4-hour candles above the 21-day exponential moving average (EMA), indicating a bullish trend in the short-to-medium term. Whales have started buying up XRP, with 120 million tokens purchased as the price dipped below $3. The Relative Strength Index (RSI) suggests high demand for XRP, while the MACD indicator shows a bearish divergence but with the possibility of a retest of $3.3. The potential approval of an XRP exchange-traded fund (ETF) in the US and XRP's inclusion in the US strategic reserve could further boost its price.



Other News from Today