United

<ul>
 <li><strong>If the XRP price falls below the $0.54 support level then it will likely test the $0.52 level.</strong></li>
 <li><strong>At the time of writing, XRP is trading at $0.5403, down 2.31% in the last 24 hours.</strong></li>
</ul>
<p>Experts have predicted that, despite XRP’s success in the litigation between Ripple Labs and the U.S. SEC, it is still significantly undervalued in comparison to other leading cryptocurrencies.</p>
<p>Now, XRP is likely to play a pivotal part in projects funded by Ripple Labs, such as international payments and settlements. With this in mind, <a href="https://thenewscrypto.com/how-ripple-and-coinbase-cases-could-determine-fate-of-crypto-deaton/" target="_blank" rel="noopener noreferrer nofollow">Ripple</a> and Uphold recently signed a collaboration wherein Uphold will become Ripple’s liquidity partner in international settlements.</p>
<p>Its significance in international money transfers and settlements is bolstered by its partnerships, notably its latest one with Uphold. XRP is positioned to play a critical role in Ripple Labs’ growing worldwide alliances.</p>
<p>Since the <a href="https://thenewscrypto.com/blackrock-faces-us-sec-charges/" target="_blank" rel="noopener noreferrer nofollow">SEC</a> litigation has hampered the firm’s ability to expand in the United States, it has been recruiting more partners from abroad.</p>
<h3 class="wp-block-heading" id="h-indecisive-trend">Indecisive Trend</h3>
<p>Despite a little price fall XRP has shown endurance. After a strong month of expansion, many see this correction as a necessary step before continuing upward momentum. The RSI is now rising but is indecisive about the direction of the trend as it remains close to the 50 level.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="630" height="380" src="https://thenewscrypto.com/wp-content/uploads/2023/10/XRP_1D_graph_coinmarketcap.png" alt="" class="wp-image-84697" srcset="https://thenewscrypto.com/wp-content/uploads/2023/10/XRP_1D_graph_coinmarketcap.png 630w, https://thenewscrypto.com/wp-content/uploads/2023/10/XRP_1D_graph_coinmarketcap-300x181.png 300w, https://thenewscrypto.com/wp-content/uploads/2023/10/XRP_1D_graph_coinmarketcap-150x90.png 150w" sizes="(max-width: 630px) 100vw, 630px">
  <figcaption class="wp-element-caption">
   Source: <a href="http://CoinMarketCap.com" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
  </figcaption>
 </figure>
</div>
<p>At the time of writing, XRP is trading at $0.5403, down 2.31% in the last 24 hours as per data from CoinMarketCap. Moreover, the trading volume is down 27.29%.</p>
<p>If the price manages to go past the $0.56 resistance area then it is likely to rally further to test the $0.58 mark. Breaking this level will likely see price testing $0.65 resistance level. However, if the price falls below $0.54 support level then it will likely test $0.52 level.</p>

XRP Price Faces Brief Correction as Bears Fight Back

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TheNewsCrypto

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