Yahya 
Currently trading over $0.580, XRP is displaying indicators of a possible breakthrough; resistance levels at $0.5920 and $0.600 are therefore crucial targets for additional positive movement.
Supported by the 100-hour Simple Moving Average, XRP price has found favor around $0.5700 and is gathering momentum above the $0.580 mark.
On the hourly chart, the recent break of a significant negative trend line at $0.5720 points to upward trend.
Positive momentum of XRP follows similar patterns observed in other big cryptocurrencies such Bitcoin and Ethereum. Moving over the 61.8% Fib retrasion level from the $0.5932 high to the $0.5622 low, the price effectively broke resistance levels at $0.5720 and $0.5850.
XRP faces near-term resistance at $0.5880, with main obstacles at $0.5920 and $0.600; currently stabilizing around the 76.4% Fib retracing level. A breakout above $0.600 could see XRP pushing toward $0.6160, with more gains conceivable up to $0.6220 and $0.6350.
Technical Outlook
To stay on its increasing pace, XRP must surpass critical resistance levels at $0.5920, $0.6000, and $0.6160. On the down side, crucial support levels come out as $0.5820, $0.5690, and $0.5550. Ignoring these support levels can cause price to drop even more.
In contrary, neglect to clear $0.5920 might cause support to drop toward $0.580 and $0.5690. A breach below $0.5690 might cause more losses down to $0.5550. Technical indicators like the Hourly MACD, however, suggest increasing positive momentum; the RSI stays above 50, thereby supporting the good view.
XRP must break through the $0.600 barrier if it is to maintain the increasing momentum, therefore indicating the next leg of its positive surge.
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The information in this article does not provide any investment advice.