XRP is currently consolidating above $0.5920, trading below $0.600 and the 100-hourly Simple Moving Average. There's a bearish trend line with resistance at $0.6020. If XRP clears the $0.6050 resistance zone, it may rise towards the $0.630 resistance level and potentially higher.
However, if it fails, downside risks include support at $0.5920 and $0.5880. Further declines could see XRP reaching $0.5650. Technical indicators show the MACD losing pace in the bearish zone and the RSI below 50.
Major resistance levels are $0.6050 and $0.6160, while major support levels are $0.5920 and $0.5850.
Source : www.newsbtc.com ↗