<ul><li>XRP maintains bullish momentum above $0.505, eyeing a breakout past the $0.532 resistance.</li><li>Technical indicators show XRP&#39;s potential for a robust surge towards $0.550.</li><li>Failing to breach $0.532 could lead to a downward trend, with support at $0.500 and $0.475.</li></ul>Ripple&#39;s <a href="https://cryptotale.org/xrp-sees-spectacular-5130-rally-to-reach-27-break-above-6-year-trendline/" rel="noopener noreferrer nofollow">XRP</a> has been on a roller coaster ride, recently correcting gains from its $0.550 resistance against the US dollar. However, the price remains optimistic, trading above the $0.505 mark and the critical 100 simple moving average over a 4-hour timeframe.Significantly, a key bullish trend line is taking shape, with its support hovering around the $0.51 mark on the 4-hour XRP/USD chart, based on <a href="https://www.kraken.com/prices/xrp" rel="noopener noreferrer nofollow">data</a> from Kraken. Hence, if the token maintains its position above the $0.500 and $0.490 support zones, a new upward trajectory could be on the horizon.Moreover, there was a notable uptrend against the US Dollar. The token effortlessly sailed past the $0.532 barrier and took a shot at $0.550. However, the price slightly corrected after reaching a zenith at $0.5493. The token dipped below the $0.532 and $0.525 levels, even breaching the 50% Fibonacci retracement level stemming from the $0.4907 swing low up to the $0.5493 pinnacle.Read full articl<a href="https://cryptotale.org/xrp-price-outlook-key-levels-and-potential-for-a-0-550-surge/" rel="noopener noreferrer nofollow">e at CryptoTale.</a>

XRP Price Outlook: Key Levels and Potential for a $0.550 Surge

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