$XRP
🚨 XRP shows signs of bullish momentum 🚨
XRP price broke and closed above its 50-day EMA level at $2.20 on Thursday and rallied 9.44% that day. At the time of writing on Friday, it hovers at around the $2.32 level.
If XRP continues its upward trend, it will extend the rally to retest its March 24 high of $2.50 before potentially reaching $3.00.
The RSI on the daily chart reads 60, above its neutral level of 50, indicating a bullish momentum. The MACD indicator also showed a bullish crossover on Thursday, giving a buying signal and suggesting an upward trend.
Conversely, if XRP faces a pullback, it could extend the correction toward its 50-day EMA at $2.20.
