$XRP also continues its upward trend, but it is observed that its price retreated after reaching the peak. XRP showed a remarkable performance by surpassing the $0.5450 resistance. Currently, XRP, which is in the process of correcting its gains, is trading at $0.5284.

A closer look at the rise of XRP shows that it managed to stay in a positive zone like Bitcoin and Ethereum after closing above the $0.520 level. Breaking through the $0.5330 and $0.5450 resistance levels, XRP broke above the $0.550 level and recorded its weekly high at $0.5571. After this level, XRP entered the process of correcting its gains and is currently trading above $0.5284.

There is a key bullish trend line forming with support at $0.5330 on the hourly chart of the XRP/USD pair. This indicates that XRP can maintain its positive trend in the short term.

Looking at immediate resistance levels, the first resistance point for XRP is located around $0.5380. The main resistance lies at $0.5450. If XRP can close above this level, it is predicted that the price may rise further. In this case, the next resistance level will be $0.5570. If the bulls push the price above $0.5570, a steady increase towards $0.5650 can be expected. Any further gains could lead the price towards the $0.5720 resistance.

According to market analysis, the price is expected to reach higher levels if XRP continues its upward movement and overcomes important resistance levels.

However, if XRP fails to clear the $0.5500 resistance level, investors may become uneasy. If XRP's upward move fails to surpass $0.5300, a downtrend is likely to resume. In this case, the $ 0.5300 level stands out as the first support point.

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