XRP is currently locked in a fierce struggle with bearish forces. The digital asset, which operates within the Ripple network, is experiencing difficulty establishing a position above a critical technical indicator — the 200-day Exponential Moving Average (EMA). The 200 EMA serves as an important barometer for the long-term trend and investor sentiment. For XRP, remaining below this level suggests that the asset lacks the bullish momentum needed to shift into an upward trajectory. XRP/USDT Chart by TradingViewTechnical analysis shows that the 200 EMA is a dynamic level of resistance that many traders watch closely.
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