XRP Reaches New High, Crossing $2 Threshold

XRP has surged past a crucial technical barrier, indicating a potential shift in market sentiment for the asset. Following weeks of downward pressure, XRP broke above the 200-day exponential moving average (EMA), signaling a possible change in trend and renewed bullish momentum. The price has rebounded from around $1.84 to trade just under $2 at about $1.99, putting it back within striking distance of the $2 threshold – a psychologically significant level. This crossing above the 200 EMA is further evidence that XRP might be poised for a sustained upward trajectory.