XRP Update: Waiting Game Between $0.47 and $0.56!

XRPUSD is neutral int he daily chart and as long as it is trading between $0.4722 and $0.5603, XRP will lack the momentum.

A bullish break-out of $0.56 will lead to $0.6642, a very important levels in different timeframes.

If Bitcoin will decline, XRP has a potential to revisit $0.4722, the daily support zone.

Below $0.4722 zone, XRP is the bearish.

Comment:

XRP is pushing up from the critical support at $0.4722 towards the top of the daily range at $0.5603.

If XRP breaks above $0.5603, it could ignite a rally towards $0.6642.

However, if it falls below $0.4722, a drop to $0.3684 might occur, increasing bearish pressure.