Ripple (XRP) recently rose to $0.6 amid increasing buying activity, but the momentum stalled and the price entered a sideways consolidation.

📈 XRP is stuck in the $0.55-$0.64 range, suggesting that consolidation could continue in the short term.

On the daily chart, Ripple has formed a rising wedge formation. Strong buying from the $0.5 support area pushed the price to $0.6, but it encountered resistance at this level.

On the 4-hour chart, XRP is consolidating just below the $0.6 level. If buyers break out of this level, the $0.64 resistance will be the next target. Otherwise, the price could pull back to the $0.55 support area.

🔍 Ripple’s breakout from this range will give clearer signals about the medium-term trend direction.