XRP is facing challenges breaking the $0.5450 and $0.5500 resistance levels, despite consolidating above $0.5080 support. It is trading around $0.5250, near the 100-hourly Simple Moving Average.
A potential bullish move could occur if resistance levels at $0.5450 and $0.5500 are surpassed. The price could then target $0.5850 and possibly $0.6050.
However, failing to clear the $0.5450 resistance could lead to a decline, with key supports at $0.5220, $0.5150, and a potential dip to $0.5050.
