XRP faces resistance below the 50-Day EMA despite improving momentum
Key takeawaysXRP continues to trade below its 50-day EMA, keeping the short-term trend bearish.
Momentum indicators are improving, with the MACD turning more positive and the RSI rising to around 55.
A break above $1.15 could strengthen the recovery, while failure to do so may trigger another pullback.Ripple’s native token, XRP, remained under pressure on Thursday, extending its corrective phase as it traded below the 50-day Exponential Moving Average (EMA).
Although the cryptocurren
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