XRP Eyes $1.84 as Price Holds Above 200-Day SMA

XRP has been recovering from its August lows and is now holding above its 200-day simple moving average at $1.2748, a significant improvement from late July when it was trading near $1.05.

The token has moved past several important resistance levels, including $1.22 and $1.38, and is currently eyeing the $1.39 level as its next target.

The 0.618 Fibonacci retracement sits at $1.8433, making it a major higher resistance for XRP if it can sustain its recovery.