recently recorded a significant increase, successfully breaking through the resistance zone of IDR49,993 and peaking at IDR54,468. Currently, the price of XRP is consolidating around IDR50,975, with the potential to continue the uptrend if it can break through the main resistance level at IDR52,695.
After experiencing a small correction, the price of XRP fell below IDR51,841 and touched the 23.6% Fibonacci retracement level of the previous increase between IDR44,689 and IDR54,468. However, XRP is still trading above IDR50,975 and the 100-hour Simple Moving Average (SMA), which is a positive signal for future price movements.
