Analyst: XRP Could Reach $1.80-$1.90 Upon Clearing 50-Week EMA
Crypto analyst ChartNerd stated on September 28 that XRP may target $1.80 to $1.90 if it successfully breaks through resistance at the 50-week exponential moving average, currently near $1.52. The asset has struggled to surpass this level and the upper band of the monthly Gaussian Channel for six weeks. While the analyst noted that a failure to clear these points could lead to a deeper pullback, XRP spot ETFs have maintained a streak of 11 weeks of net inflows, totaling approximately $1.79 billion to date.
Summaries are written by AI from the original article. Not investment advice.