The post Can XRP Bounce Back? Here Are 3 Catalysts for XRP Price Surge appeared first on Coinpedia Fintech News
XRP, the digital money in the Ripple network, is having a tough time. It couldn’t stay above $0.57 over the weekend, and it’s struggling to go past an important line called the 200-day Exponential Moving Average (EMA) on the charts.
Despite facing a correction phase that has been ongoing throughout the year, XRP has shown resilience, maintaining stability around the $0.5 mark even amidst notable sell-offs. Now, it’s up to the buyers (bulls) to make things better, and three important things could help.
3 Catalysts for XRP Price Surge
XRP is a key component in Ripple’s cross-border settlement solution, focusing on cross-border transactions. By expanding its network and forming new partnerships, there’s potential for XRP to gain more acceptance. This, in turn, might reshape the demand for XRP over the long haul.
Apart from Ripple, cool things are happening with the tec
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