$XRP Bounces But May Face Rejection at the $0.55 Barrier

#xrp (XRP) price has recovered and broken above the moving average lines but may face rejection at the $0.55 barrier. The upward trend is predicted to last to $0.56, but it has already peaked.

The cryptocurrency has retraced and is now trading above the moving average lines. If the altcoin remains above the moving average lines, it will increase.