XRP Price Prediction WV1ALY

Ripple (XRP) Price Prediction: Ripple Consolidates Near $0.75, Keeps Eye On 200 EMA

Ripple’s (XRP) price has been trading quietly on the first trading day of the week. XRP price action finds some reliable support near the 50-day EMA (Exponential Moving Average) at $0.74 to seek the potential upside toward $1.0.

Ripple’s (XRP) price trades in a tight range on Monday.
USD hovers near 96.0 as Ukraine-Russia tension intensifies.
Investors seek reliable support near the 50-day EMA.

As of press time, XRP/USD is trading at $0.78, up for 0.59% for the day. The sixth-largest cryptocurrency by market cap is having a 24-hour trading volume of $2,949,057,188 with a loss of more than 18% as per the CoinMarketCap.
XRP looks for an upside signal
On the daily chart, Ripple’s (XRP) price has been facing some downside pressure near-critical 200-EMA (Exponential Moving Average) at $0.88. The formation of a ‘symmetrical triangle’ indicates some consolidation near the short-term trading range of $0.75 and $0.90.
Source: Trading View
XRP/USD records an ascent of 45% from Januar

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