$XRP currently in a sideways (flat) movement between $0.48–$0.58, without a clear strong trend.
• The movement depends on the overall market condition and news regarding the SEC (U.S. regulator).
Support:
• Strong zone — $0.48. If it holds above, one can expect attempts to rise.
Resistance:
• Around $0.58. Breaking this level will open the way to $0.63–$0.65.
Outlook:
• Without positive news, XRP may remain in this range for some time.
• If the market goes up and XRP breaks $0.58, there will be a chance for a jump of +10–15%.
• However, if it breaks support at $0.48 downwards — a drop to $0.44–$0.42 is possible.
Conclusion:
• Currently, XRP is more for trading within the range (buy closer to $0.48, sell closer to $0.58).