#XRP faces resistance below $0.6000. To rise, it must maintain support above $0.5500.
Daily chart shows Ripple's market activity slowing down, with prices consolidating sideways at low volatility levels following a notable decline from $0.75.
Despite slowing down, $XRP finds strong support near $0.58 and the triangle's lower boundary, indicating buying at these levels.
Daily chart analysis hints that $XRP is close to breaking out of a triangle pattern, indicating a potential market dynamic shift.
If there's a positive turnaround, XRP could break the previous resistance at $0.65, aiming for $0.75 and potentially $1 with increased bullish momentum.
If the market continues to decline, XRP might drop below $0.57, targeting the $0.55 support zone. Further decline to $0.50 is possible with prolonged bearish trends.
According to Coingabbar's analysis, XRP price prediction 2030 is forecasted to reach $10, XRP Price Prediction $500 potentially hit in 2050.
KEY LEVELS :
RESISTANCE LEVEL : $0.6400-$0.7000
SUPPORT LEVEL : $0.5500-$0.5000
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