28-05-2024 04:28 via newsbtc.com

XRP Price Stuck in a Range: Will It Break Out Soon?

XRP price again struggled to continue higher above the $0.540 resistance. It is now consolidating near $0.5320 and might aim for an upside break.XRP is still facing many hurdles near the $0.5420 zone.
The price is now trading near $0.5320 and the 100-hourly Simple Moving Average.
There is a connecting bullish trend line forming with support near $0.5265 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair could start a fresh increase if the bulls remain active above the $0
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