XRP's price hovers around the critical support level of $0.47, showing potential for a significant move. The daily chart reveals a sideways triangle pattern, indicating balanced buying and selling pressures. A bullish reversal seems likely if support holds, but a break below could lead to a sharp decline.
On the 4-hour chart, XRP forms a bearish continuation flag pattern, with the MACD turning green, hinting at a possible rebound. The $0.47 support remains crucial for determining the next price direction.