Reversal

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Is <a href="https://u.today/xrp-ledgers-amm-pools-face-tech-issue" rel="noopener noreferrer nofollow">XRP</a> on an uptrend finally? Recent chart patterns suggest it might be starting a reversal from its recent lows. As we have previously mentioned on U.Today, a technical move known as the "golden cross" has occurred, where the short-term moving average crosses above the long-term moving average, hinting at potential growth for XRP.
Looking at the chart, <a href="https://u.today/xrp-price-prediction-for-march-23" rel="noopener noreferrer nofollow">XRP</a> is trading around $0.63. It has crossed over the 21-day exponential moving average (EMA), an early sign that could indicate an uptrend is forming. <img alt="XRPUSDT Chart" data-entity-type="file" data-entity-uuid="dcf7ac37-10d1-45aa-8a4e-47c58dd0e13a" src="https://u.today/sites/default/files/inline-images/image_610.png"><a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow">XRP/USDT Chart by TradingView</a>
If this upward trend continues, we could see resistance tested near the $0.64 mark. Breaking past this could clear a path to higher levels, with eyes on the next resistance around $0.68. On the flip side, there is strong support at $0.58 that could catch a falling price and become a foundation for a future reversal.
Growth scenario-wise, if market recovery kicks in next week after a fortnight of being pushed down, XRP could ride the wave. A steady move past $0.64 and maintaining above this level might set the stage for a surge toward that $0.68 resistance.
The future of XRP seems to be hinting at its ability to maintain this newfound energy. With a potential market recovery on the horizon, this could be the boost <a href="https://u.today/xrp-ledger-xrpl-welcomes-new-amm-pools-in-epic-dex-showdown" rel="noopener noreferrer nofollow">XRP</a> needs to solidify its uptrend. Traders and investors will be watching closely to see if XRP can seize this moment and establish a consistent upward trajectory.
The breakthrough above the 21 EMA and the golden cross formation are positive indicators for those hoping for a price surge.&nbsp;However, considering XRP's history of letting its investors down, caution is advised.

Is XRP Finally in Uptrend? Reversal Begins

U_Today

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