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If Bitcoin can stay above these support levels and move past $70,000, it could be the start of another big increase in price.Right now, the price of XRP is at $0.5967. Breaking the 100 EMA line is important because it can be a sign that the price might start moving upward once again. If XRP can keep up this momentum and stay above the 100 EMA, the next big test will be at the 50-day EMA, which is at about $0.62.
Currently, Ethereum is trading around $3,391. The chart shows that the price is just above the upward trendline, which has been acting like a support, helping to stop the price from falling further. This line is moving up slowly, which could mean that the price of Ethereum might go up with it.The 50-day EMA, right now at about $3,400, is right above the current price. This EMA often acts as resistance, which can push the price down.
Source: News Formal (newsformal.com)
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