$XRP During the last two days, XRP/USDT has been trading close to the 50-day SMA ($2.18), indicating a strong defense of this level by the bears (sellers). A small positive aspect for the bulls (buyers) is that they have prevented the price from falling below the 20-day EMA ($2.13). The bulls will attempt again to push the pair towards the resistance line, a critical level to watch. If buyers surpass this resistance, the pair could rise to $3.

On the other hand, a breakout and close below the 20-day EMA would suggest that the bears maintain control, and the bearish momentum could accelerate if the price falls below $2, which could lead the pair to collapse to $1.60.

However, the rumors of the proposal #WhiteRock are real and this is generating confidence.