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The post <a rel="nofollow" href="https://coinpedia.org/price-analysis/xrp-price-analysis-rising-from-ashes-will-xrp-cross-0-50-2/">XRP Price Analysis: XRP Reclaims $0.50, Is $0.64 Next?</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
With hawkish comments of Fed’s Powell starting a pullback in Bitcoin, XRP price manages to stride through the bear phase. Continuing its 12% recovery rally from the $0.46 support level, the buyers now challenge the 200-day EMA.&nbsp; 
Moreover, the recovery rally reclaims the $0.50 mark, declining the chances of a death cross.&nbsp; 
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At press time, the XRP price is exchanging hands at $0.5163 with an intraday fall of 0.96% as it faces opposition from the 200-day EMA. However, the strong recovery with the triple white soldier’s pattern hints at a prolonged uptrend. 
With the 50-day EMA moving sideways, it puts forth a reversal possibility to avoid the death cross.&nbsp;Surfacing above the crucial 200-day EMA will prolong the recovery rally significantly and spotlight a buying opportunity. 
Read more in our <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/">XRP Price Prediction </a>to find the potential future price trend of Ripple. 
Coming back to XRP price action, the trendline breakout fuels the recovery rally and continues the post-retest rally. 
Technical Indicators: 
RSI indicator: The rising daily-RSI line projects a strong bullish comeback, increasing the chances of XRP price surpassing the 200-day EMA.&nbsp; 
MACD indicator: The positive growth in MACD and signal lines with rising histograms paint a bullish picture. 
<h2 class="wp-block-heading" id="h-will-xrp-price-revamp-in-2023">Will XRP Price Revamp in 2023?</h2> 
With the recovery rally gaining momentum, the XRP price may soon sustain above the $0.50 mark to prolong the uptrend. Moreover, the sentiments can improve in the coming weeks with the Bitcoin ETF decision coming closer. This can positively affect the Ripple coin price.&nbsp;&nbsp; 
Sustaining above $0.50 can drive the Ripple prices higher to the $0.64 resistance zone. On the flip side, a bearish turn can retest the $0.46 support level.&nbsp;&nbsp;

XRP Price Analysis: XRP Reclaims $0.50, Is $0.64 Next?

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