📈 Quick technical analysis:

  • Strong support: around the level $0.51–$0.52
    If maintained, it could form a launchpad for an upward movement.

    Nearby resistance: at $0.56–$0.58.
    A steady breakthrough could push the price towards $0.60–$0.62 quickly.

    Technical indicators:

  • RSI: Moderate (between 50–55) → does not indicate overbought or oversold

    MACD: Potential positive crossover.

    Volume: Has started to gradually improve with regulatory news.

  • 🗞️ Influential news:

    • SEC lawsuit against Ripple enters a new phase – indications of a partial settlement.

      High activity from whale wallets (medium-sized purchase movements).

      Reports suggest new partnerships in the Middle East.

    🔎 My vision for this week:

  • If XRP does not break the $0.51 support, the trend is neutral to bullish.

    Breaking the $0.58 resistance with strong trading volume = strong short-term buy signal.

✍️ Summary:

XRP this week is in an important testing area.

The rise is conditional on maintaining support and breaking resistance, with eyes on Ripple case news.