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XRP Bulls Hopeful of Another Move Toward $0.56 Local High as Crypto Markets Take a Bullish Turn

June 23 (Cointime) - XRP has seen recent price gains but buying pressure remains subdued. Bitcoin climbed past $30k and the ETF buzz saw crypto markets take a bullish turn. XRP has breached a zone of resistance at the $0.5 mark and the USDT Dominance has fallen.

The H4 price chart of XRP shows strong bullish momentum but the OBV did not make much progress. The $0.5 zone is likely to be tested as support in the coming hours and if the bulls can defend this area and drive prices higher, XRP buyers can look to enter a trade. The Open Interest crept higher but speculators remained sidelined despite prices moving above $0.5.

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