XRP has been among the coins that have shown relatively sluggish performance in recent days, failing to impress holders and traders alike.
Despite this, I remain optimistic about its outlook, particularly given the robust support level around $0.48, which I believe will effectively prevent further declines.

It's unlikely that we'll revisit this level again, and I anticipate bullish momentum to prevail, pushing the price above $0.57. Looking ahead, I foresee potential resistance around $0.72.

For those looking to capitalize on potential upward movements, a buy setup at the current levels presents an opportunity to initiate long positions and capture profits. Just as I previously highlighted the delayed surge in SUSHI, which eventually saw significant daily gains, I expect a similar trajectory for XRP.

While it may not experience the rapid ascent witnessed in other altcoins like SUSHI, INJ, or LINK, I remain optimistic about its prospects for notable upward movements in the future.

$XRP #XRP #ripple #xrpupdate

Disclaimer: This stellar analysis comes straight from the insightful Ualifi Araújo ( X - ualifiaraujo ), a beacon of wisdom in the crypto realm. Shared with permission within the Binance community, it's important to remember that this analysis is for educational purposes only. DYOR (Do Your Own Research) and remember, this isn't financial advice—just a thrilling ride in the crypto world! 🚀

XRP may rise to 0.6427 - 0.6497

0.6192 is our pivot point.
Our preference
The upside prevails as long as 0.6192 is support.

Alternative scenario
Below 0.6192, expect 0.6074 and 0.6004.

Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.6257 and 0.6220).

Supports and resistances
0.6638 **
0.6567 *
0.6497 **
0.6427
0.6286 last
0.6239
0.6192 **
0.6074 *
0.6004 **

#xrp #xrpupdate

XRP may rise to 0.6419 - 0.6490

Our pivot point is at 0.6173.
Our preference
Rebound towards 0.6490.

Alternative scenario
Below 0.6173, expect 0.6055 and 0.5985.

Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands above its 20 period moving average (0.6244) but below its 50 period moving average (0.6327).

Supports and resistances
0.6630 **
0.6560 *
0.6490 **
0.6419
0.6265 last
0.6219
0.6173 **
0.6055 *
0.5985 **

#xrp #XRP #xrpupdate

XRP / Dollar may rise to 0.5862 - 0.5922

Our pivot point stands at 0.5601.
Our preference
The upside prevails as long as 0.5601 is support.

Alternative scenario
Below 0.5601, expect 0.5502 and 0.5443.

Comment
The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.5653 and 0.5667).

Supports and resistances
0.6041 **
0.5981 *
0.5922 **
0.5862
0.5717 last
0.5640
0.5601 **
0.5502 *
0.5443 **

#xrp #xrpupdate