The price of Ripple (XRP) stabilizes around $0.62 after a steady upward movement, and technical observers anticipate the possibility of a breakout pattern emerging. The asset has recently remained above its 100-day simple moving average, which many use to determine long-term trends. It appears that a symmetrical triangle pattern is forming, which typically precedes notable upward movements. The resistance level at $0.65 remains the main focus level.
