Crypto analyst ChartNerd believes XRP could reach $1.80 to $1.90 if it clears the 50-week exponential moving average, currently around $1.52, a level the asset has failed to break for six weeks. XRP was trading near $1.47, down 3.5% in 24 hours, with trading volume rising more than 20% to approximately $3.23 billion. The asset remains nearly 60% below its $3.65 all-time high. Meanwhile, XRP exchange-traded funds attracted $75.89 million in net inflows last week, extending their streak of weekly inflows to 11 weeks with cumulative inflows reaching about $1.79 billion. The analyst warned that a rejection at the $1.50 to $1.52 resistance zone could trigger a deeper pullback first.
Source: Read the original article

