#NEWSBREAK $XRP $BTC

Source: The Block...

Investors are turning highly optimistic on the long-term price action of this altcoin. Moreover, with a high possibility of most XRP ETF filings during the upcoming time and crypto-friendly regulations, the price of Ripple crypto token may head toward a new multi-month high

The EMA 50-day acts as a strong support to the XRP price chart in the daily time frame. On the other hand, its 200-day EMA plays the role of a major support and constant hovers around the $2 mark. This suggests a positive outlook for the altcoin in the longer time frame.

Furthermore, the Relative Strength Index (RSI) displays a similar trend by constantly trading around the neutral point. With a constant rise in the 14-day average trendline, the Ripple coin price may gain significant momentum this Q2.