XRP Rally Possible If Senate Web3 Crypto Summit Goes Well
Key point:
Lawmakers with the US Senate Banking Committee will conduct a hearing on Wednesday titled “From Wall Street to Web3: Building Tomorrow’s Digital Asset Markets,” and Ripple CEO Brad Garlinghouse is one of the participants.
Could Ripple’s growing involvement in policy discussions in Washington, D.C., boost the price of XRP (XRP)? Let’s analyze the charts to find out.
XRP price prediction
XRP has broken above the $2.34 overhead resistance, indicating that the bulls are trying to take charge.
The 20-day exponential moving average (EMA) ($2.23) has started to turn up gradually, and the relative strength index (RSI) has jumped into positive territory, indicating that the…
