XRP Price Prepares For The Next Breakout, $0.5 Support Holds
The 50-day Exponential Moving Average (EMA) (red) caps the price at $0.5027, with another seller congestion at $0.505 suggesting that this sideways trading is bound to stay put until XRP encounters a market-moving event like the upcoming update on the XRP Ledger. advertisement XRP Developers Announce Protocol Upgrade The developers of crypto’s most prominent international money remittance token are working on the XRP Ledger’s next update to usher in two new Features . According to a post on X (formerly Twitter), the update 1.12.0 merges the XLS-30 Automated Market Maker (AMM) and the XLS-39 Clawback spec to the protocol. Introduced by Ripple’s CTO David Schwartz and Aanchal Malhotra, RippleX’s Head of Research, the proposal now dubbed XLS-30 “in a way provides increased returns to those who provide liquidity for the AMM and minimizes the risk of losses due to volatility.” “XLS-30 will bring a native Automated ...