CandleFocus

XRP Price Resilient Above $0.50 While Markets Turn Red

The price of XRP is currently holding the $0.500 support zone and is performing better compared to Bitcoin and Ethereum. It has seen a fresh increase and has cleared several resistance levels, including a bearish trend line. The price may face resistance near the $0.5080 level, but if it manages to break this, it could move towards the $0.5250 resistance. On the downside, initial support is near $0.500, and if it breaks below $0.4950, the price could continue to decline. Technical indicators suggest a bullish trend for XRP.

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