XRP Holds The Line As Bulls Eye $3.40 — Can 20-Month EMA Power Next Breakout?

However, ChartNerd also cautioned that a decisive drop below the $1.94 EMA could weaken the bullish outlook, triggering a deeper retracement. Still, he noted that “the boat is yet to raise its sails,” implying that XRP’s next major move has yet to unfold, and patience may be key as traders await confirmation of the next trend direction.

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