The XRP price has seen a slight increase after finding significant support at the 200-day moving average of $0.55. On the daily chart, a bullish engulfing candlestick pattern formed at this support level indicates a slight increase in market demand. In the short term, it is expected to enter a period of sideways consolidation. On the 4-hour chart, consolidation continues between the $0.54 support and the $0.64 resistance. $XRP $BTC $SOL #xrp

Ripple's price action suggests that the bullish trend may be reviving. If this momentum is maintained, the price could rise towards the $0.74 level.