**News Flash: Ripple Ready to Surge Again?**
After a solid bullish rebound, Ripple (XRP) price surged to $0.60. However, Ripple is now taking a short break, perhaps to gather strength towards the important resistance at $0.64. 🚀
**XRP Analysis:**
- **Daily Chart:**
- Demand increased around the 100-day moving average ($0.53) and 200-day moving average ($0.55).
- Intense buying activity pushed the price to $0.60.
- Ripple is now consolidating for a while at this level.
- **4-Hour Chart:**
- Buying interest increased at the 0.5 Fibonacci retracement level ($0.52).
- Price rose to the upper boundary of the descending flag pattern at $0.62.
If Ripple manages to break through $0.62, the bullish trend will continue to $0.64. But, if it fails, the price could return to the $0.55 support.
What do you think? Will Ripple break through $0.64? Comment below!