Ripple has been trading in a narrowed range just above the key $0.440 support zone against the US Dollar. If XRP price rises and clears the $0.490 resistance zone and the 50% Fib retracement level at $0.500, it will likely start a fresh increase. A successful break above the $0.538 resistance might start a strong surge.

On the contrary, if the price fails to move above the $0.490 resistance, it could extend its decline. An immediate support is near the $0.450 level. The next support is near $0.440 and the main support is still at $0.400.

Overall, there are a few bearish signs, but XRP has to clear the $0.490 resistance for a fresh increase. The key support zone near the $0.440 level holds the key for the next move in the near term.

Ripple's XRP is currently trading at the $0.440 support zone, making it a make-or-break level. A clear break above the $0.490 resistance zone is needed for a sustained uptrend. On the other hand, if the price fails to gain bullish momentum above $0.490, it could extend its current downwards momentum, possibly reaching the support at $0.400. Technical indicators such as the MACD and RSI are indicating that there is a bearish bias. Therefore, a successful break above the $0.490 resistance is needed to put buyers back in the game.



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