The price of Ripple's XRP token recently stabilized between $0.52 and $0.55 after dropping 18% earlier in the month. Large investors have been accumulating XRP, which suggests an expectation of a price increase. The Funding Rate for XRP is currently positive, indicating a bullish sentiment. The $0.52 level has been a strong support for the token, making it unlikely to drop below $0.50. There is a possibility for XRP to reach $0.60 with increasing buying pressure, but a drop to $0.49 could occur if the $0.52 level is breached.



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