XRP is currently testing the resistance level at $0.52, while Ripple developers propose direct lending on the XRP Ledger without smart contracts. The cryptocurrency has been attempting to break this resistance for the past six days, with the upcoming SEC response on May 6 drawing attention from XRP holders. The ongoing legal battle between Ripple and the SEC, concerning a $2 billion fine and a $10 million counter, remains a key concern for traders. Additionally, technical analysis indicates that XRP faces challenges at the $0.52 level, with support at $0.4868 crucial for its recovery. Resistance levels are observed between $0.5310 and $0.5574, with weekly resistance at $0.5787. In case of a correction, XRP might find support at $0.4868 and $0.4665.

#BTC #XRP🪙🪙🪙🪙🪙🪙🪙🪙🪙🪙 #XRPSaga #BinanceLaunchpool #buythedip