XRP has seen a significant 14% rise over the past week, bringing the cryptocurrency close to the critical $0.60 mark. Historically, XRP has struggled to maintain momentum above this level.
The Relative Strength Index (RSI) indicates strong bullish momentum, suggesting continued upward movement. This momentum, combined with a positive Sharpe Ratio, makes XRP an attractive option for investors.
If XRP can hold above the $0.60 mark, it may reach $0.70 soon. However, failure to sustain this level could result in a pullback to $0.55.
