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XRP is at a critical crossroads that could shape its trajectory in the coming weeks. The token is currently grappling with a tough barrier at the 100-day Exponential Moving Average, positioned near the $2.20 range. Despite showing strength throughout April, this resistance remains a major hurdle.
A decisive breakout above this historical pivot could trigger a broader bullish trend reversal. On the technical side, XRP built solid support near the $2.00 level and made an upward push, only to face a sharp rejection at the 100 EMA. The red candle reflects strong selling pressure, yet optimism lingers as XRP continues to trade above key short-term EMAs — the 50 and 26-day lines — keeping bullish sentiment alive.
