<ul><li>XRP price has started a new increase above the $0.480 resistance.</li><li>The price is currently trading above $0.50 and the 100 simple moving average (4-hours).</li><li>On the 4-hour chart of XRP/USD, there is a significant bullish trend line forming with support near $0.4910.</li></ul>Ripple (XRP) price has managed to break above the $0.50 resistance. XRP price could continue to rise towards the $0.525 and $0.550 resistance levels.<h2 id="header-0">XRP Price Increased by 11% in 5 Days!</h2>In the past few days, Ripple’s XRP has experienced a significant increase from its $0.420 support against the US Dollar. It has entered the bullish zone, leaving Bitcoin and Ethereum behind.It has clearly surpassed the $0.475 and $0.480 resistance levels. It even surpassed $0.500. A peak was formed around $0.5047 and the price is currently consolidating gains. XRP is trading above the 23.6% Fib retracement level of the upward move from the $0.4433 swing low to $0.506 high.XRP price is also trading above $0.50 and the 100 simple moving average (4-hours). Additionally, there is a significant bullish trend line forming with support near $0.4910 on the 4-hour chart of XRP/USD.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/3a3fee8ac8a64a0581c7e21dea05452e.png" />XRP/USD 4 Hour Price ChartThe first resistance is near the $0.5050 area. The first major resistance level is located near $0.525. A successful break above the $0.525 resistance level could send the price towards the $0.550 resistance. Further gains could require a test of the $0.585 resistance.<h2 id="header-1">Downside Scenario and Technical Indicators for XRP</h2>If Ripple fails to surpass the $0.505 resistance area, it could start a downside correction. The first support on the downside is near the $0.491 area and the trend line.The next major support is near the $0.474 area, which is the 50% Fib retracement level of the upward move from the $0.4433 low to $0.5047 high. If there is a downside break and a close below the $0.474 level, the price of XRP could extend its losses. In this case, the price could test the $0.450 support area.Technical Indicators<ul><li>4-hour MACD – The MACD for XRP/USD is gaining pace in the bullish zone.</li><li>4-hour RSI (Relative Strength Index) – The RSI for XRP/USD is currently in the overbought zone.</li><li>Major Support Levels – $0.491, $0.474, and $0.450.</li><li>Major Resistance Levels – $0.505, $0.525, and $0.550.</li></ul>Source: <a href="https://en.coinotag.com/can-xrp-hold-on-to-0-50-price-critical-levels-to-watch-in-xrp/" rel="noopener noreferrer nofollow">https://en.coinotag.com/can-xrp-hold-on-to-0-50-price-critical-levels-to-watch-in-xrp/</a>

Can XRP Hold on to $0.50 Price? Critical Levels to Watch in XRP!

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