XRP Stabilizes Around $0.54 Amid Neutral Momentum Indicators

XRP is trading between $0.52 and $0.55, hovering just below its 10-day and 100-day simple moving averages of $0.55. The Relative Strength Index is at 49.84, suggesting neutral momentum. Over the past week, the price has gained 3.40%, recovering slightly from a 6.23% drop over the past month. Immediate resistance lies at $0.56, with a second level at $0.58. If XRP moves above $0.56, it could test $0.58, which represents an increase of around 7% from current prices. Support levels lie at $0.51 and $0.48. A drop below $0.51 could lead to a test of $0.48, indicating potential bearish risk.

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