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#Gate.io Reserves Surpass $10 Billion #SOL Trend Analysis #BTC XRP price analysis
XRP (XRP) has been sustaining above the breakout level of $2.91, indicating that the buyers have the edge.
XRP/USDT daily chart
There is minor resistance at the downtrend line, but if the bulls overcome it, the XRP/USDT pair could start the next leg of the uptrend. The pair could pick up momentum and soar to $4 and eventually to $4.84.
This optimistic view will be negated in the near term if the price turns down and breaks below the 20-day EMA ($2.87). That could start a corrective phase to the 50-day SMA ($2.51) and then $2.20