Ripple’s digital currency, XRP, reached a peak of $0.56 on May 6, marking its highest price in a month. However, it faced some selling pressure, causing it to fall below the 20-day Exponential Moving Average (EMA) and struggle to surpass $0.51 today. Fortunately, the price experienced a quick recovery thanks to Bitcoin’s price surge, and it managed to climb back up to $0.523. While closing below the 20-day EMA would have signaled negativity in the short term, XRP Coin managed to avoid this scenario. Stay updated with the latest technology news by visiting NEWSLINKER.
