XRP price is making a comeback after a dip to the $0.4880 zone, currently trading above $0.5050. It's attempting to break through the $0.5250 and $0.5320 resistance levels to continue its upward trajectory. The price is currently above the 100-hourly Simple Moving Average and supported by a bullish trend line at $0.5150. Positive momentum could develop if the $0.5250 resistance is breached. However, XRP's gains are lagging behind Bitcoin and Ethereum. The price is consolidating near the 76.4% Fib retracement level of the recent downtrend. Further gains might face resistance at $0.5335, $0.5350, and $0.5500, potentially reaching $0.5650 or even $0.5850 in the near term. Failure to overcome the $0.5250 resistance could trigger another decline, with initial support at $0.5150 and further support at $0.5085. A close below $0.5085 might lead to a drop towards the $0.5000 support, and even the $0.4880 zone in the short term. Technical indicators like the MACD and RSI are showing bullish signals.
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