Ripple (XRP) price started a strong bull run from the $0.42 support zone and regained key resistance levels up to the 200-day moving average near $0.54. It is now struggling with resistance in the $0.54-$0.55 range.

- On the daily chart, XRP saw increased buying interest at $0.42 and pushed the price higher.

- Ripple broke the upper limit of the channel and the 100-day moving average.

- It is currently facing significant resistance at $0.54.

Do you think Ripple will be able to overcome this resistance? Let's discuss in the comments! 🚀💬#XRP#Crypto

Source: TradingView