Over the past week, Ripple’s XRP has seen a 0.4% increase, demonstrating an upward trajectory. Looking at the 4-hour chart, it is evident that XRP has surpassed the 50-day simple moving average (SMA), although it remains below the 200-day SMA. This suggests a bullish trend for the cryptocurrency. With XRP’s 14-day relative strength index (RSI) sitting above the midpoint at 56, there is a growing bullish momentum, hinting at a possible target price of $0.5. Stay informed with the latest technology news by visiting NEWSLINKER.
