XRP price is currently trading at $0.53. It could experience a mild correction, seeking $0.7 later this month, or continue to rise this week to test the $0.6 level. If the price breaks above $0.6, the bull run will continue.
The RSI index is currently at 63, which provides enough room for an up move this week. Currently, the cryptocurrency faces significant resistance around $0.57, a level that has previously triggered rejections.
Whether XRP maintains its bullish momentum and rises another 10% or falls a few percentage points, it is fair to say that the recent price recovery is not speculative as XRP has not experienced extreme volatility in the past.
