$XRP has shown moderate volatility recently, hovering around key support at $0.50. Bullish momentum appears limited, with resistance near $0.54 capping gains. Trading volume remains steady but lacks the strength needed for a breakout.
Investors are closely watching Ripple’s legal progress with the SEC, which continues to influence sentiment. Short-term traders may find opportunities in the current consolidation zone, but a decisive move is needed for clearer direction. Technical indicators suggest a neutral to slightly bearish bias unless XRP can close above $0.55. Caution is advised while waiting for confirmation of trend reversal.
