Around seven days ago, the cryptocurrency known as XRP experienced a boost in value as it received strong support at the golden ratio of around $0.475. This led to an upward movement in the market. Following this positive development, the digital currency Ripple witnessed a rise in its price, reaching a resistance point near the 200-day EMA average of $0.567 just yesterday. However, Ripple encountered a temporary decline when it reached this level. Nevertheless, the Moving Average Convergence Divergence (MACD) indicator remains optimistic, signaling a bullish trend for XRP.
