🔍 Quick Technical Analysis – Is the XRP Price Explosion Near?

📅 June 1, 2025

XRP is back in the spotlight!

After a long consolidation between $0.50 and $0.54, the price has started to show signs of breaking a strong resistance at $0.5450.

📈 If the breakout is confirmed, the next target could be at $0.58 and then $0.62.

Important Technical Points:

RSI Indicator above 60 = Positive Momentum

50-day Moving Average supports the upward trend

Strong support at $0.5250 – Buying opportunity on a pullback

🧠 Advice for Beginners:

Do not invest your entire capital at once, use a staggered entry strategy and increase your position after confirmation.

Do you think XRP will explode soon? Share your opinion in the comments 👇

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