XRP Tests 200-Day SMA as 2023 Price Bounce Points to Potential $3.20 Target
Key Highlights XRP trades roughly 4% below its 200-day Simple Moving Average (SMA) of $1.3665, placing the token beneath critical long-term resistance near $1.31. A technical rebound matching the 134.5% surge observed after the 2023 moving average defense would project XRP toward an approximate target of $3.20. Analysts emphasize that this historical scenario hinges on ...