XRP price is showing signs of a possible increase from the $0.5785 support zone.
The price, currently trading below $0.600 and the 100-hourly Simple Moving Average, broke a connecting bearish trend line with resistance at $0.590.
For bullish momentum, XRP needs to clear the $0.600 and $0.6050 resistance levels.
If successful, the price could aim for higher targets around $0.6160 and $0.6250.
In case of failure, initial support is at $0.5850, with major support at $0.5785, potentially declining further to $0.550.
