XRP Price Eyes $0.60 Resistance After Finding Support
XRP has bounced back after finding support near $0.5600 and is now targeting a break above the $0.60 resistance zone.
XRP Price Recovery
After dipping to $0.5597, XRP began a strong recovery, climbing past $0.5700 and breaking key resistance at $0.5750. Itâs now trading above its 100-hour Simple Moving Average (SMA).
Key Resistance Levels
XRP faces resistance near $0.5890, with major levels at $0.5900 and $0.6000. A successful break could push it towards $0.6120 or even $0.6440.
Downside Risk
If XRP fails to break $0.5900, it may drop to key supports at $0.5765 or $0.5600.
Technical Indicators
MACD: BullishRSI: Above 50, showing strengthSupport Levels: $0.5765, $0.5600Resistance Levels: $0.5900, $0.6000
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