Ripple’s XRP Ledger now supports Ethereum-compatible smart contracts, enhancing accessibility for dApps. This move is expected to increase liquidity and user activity within the XRP ecosystem, marking a significant development for the blockchain.
XRP is looking to achieve a 10% gain, targeting a retest of the 2.4399 USD resistance level. Despite three months of consolidation below the 2.6549 USD level, momentum indicators suggest a bullish outlook.
Current technical indicators like RSI and MACD indicate a potential upward trend for XRP. A movement above 2.4399 USD could confirm this momentum, while a drop below 2.1316 USD may lead to a decline.
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