Ripple Slightly Shaking: Could XRP Rise? 🚀

- Ripple (XRP) found significant support at the 200-day moving average of $0.55 and experienced a slight rise.

- On the daily chart, a bullish engulfing candle formed at this support level increased optimism in the market.

- In the short term, Ripple is expected to enter a horizontal consolidation process.

- On the 4-hour chart, Ripple is stuck between the $0.54 support and $0.64 resistance.

- The double-bottom bullish reversal formation and strong candles indicate increasing buying pressure.

Share your thoughts in the comments! 💬🔍