XRP Holds Weekly Rebound Near $1.41 as 50-Week SMA at $1.56 Looms
- —Weekly candle opened at $1.4109, high $1.4388, low $1.4036
- —Reported weekly volume was roughly 10.52 million XRP
- —The 50-week SMA at $1.5576 requires a 10.5% gain from current levels
- —The 200-week SMA sits much higher at approximately $1.9877
Why it matters: A weekly close above $1.56 would reclaim the long-term average and open the path toward $1.99.
Source: The Crypto Basic