📈 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.