#XRP price analysis

XRP Continues to trade near the moving averages, indicating a lack of aggressive buying or selling by the traders.

The flattish moving averages and the RSI near the midpoint suggest that the dull price action may continue for a while. If the price breaks and closes above $0.54, it will indicate that the bulls are trying to make a comeback. The XRP/USDT pair could rise to the overhead resistance of $0.57.

On the contrary, if the price turns down and plunges below the support line, it will negate the bullish ascending triangle pattern. The pair may fall to the $0.46 support.

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