XRP's recent price action shows a struggle to maintain upward momentum, with the asset facing strong resistance around the $0.55 mark. The token has been attempting a relief rally after a significant drop below both $0.55 and the 200-day SMA.



Key levels to watch:

Support: $0.50 has proven to be a strong demand zone

Resistance: $0.55 remains a crucial level to overcome for bullish continuation.
XRP0.16%
TOKEN-3.41%
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