Can XRP price reach $1 after 25% gains in one week? Watch this key support level

Can XRP price reach $1 after 25% gains in one week? Watch this key support level

A fractal from 2018-2019 repeating could spell trouble for XRP's long-term upside outlook, however. XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022.Why the XRP/USD 50-week EMA is keyOn Feb. 13, XRP/USD reached as high as $0.916, above its 50-week exponential moving average (50-week EMA; the red wave) around $0.833. The upside move, albeit not decisive, opened possibilities for further bullish momentum, mainly owing to a historical buying sentiment around the said wave.XRP/USD weekly price chart featuring 50-week EMA.....


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