XRP price surges past $0.60 resistance on Thursday, altcoin climbs nearly 5% from Monday’s low of $0.58. Ripple CEO Brad Garlinghouse discusses stablecoin plans and liquidity on XRPLedger at Paris Blockchain Week. Garlinghouse says there will be ETFs other than Bitcoin; it may take time in the US. Ripple CEO spoke about USD-backed stablecoin, XRPLedger and Exchange Traded Funds in the US, at Paris Blockchain Week. XRP price is up nearly 5% this week.
XRP price climbed nearly 5% this week, from Monday’s low of $0.58 to $0.61, at the time of writing. The altcoin is currently in an ascending channel and two key resistances on XRP’s path to April 9 high of $0.6431 are April 8 high of $0.6265 and April 1 high of $0.6336. The green bars on the Awesome Oscillator support the thesis on XRP price gains. XRP/USDT 1-day chart A daily candlestick close below the lower boundary of the ascending channel at $0.6123 could invalidate the bullish thesis.
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