XRP Reclaims Crucial Support Level But Faces Uncertainty at Channel Resistance
- XRP price closed above long-term support level after breaking below it previously
- Weekly RSI not yet bullish despite upward price movement
- Daily chart suggests a breakout may be imminent
- If XRP breaks out of current channel, price could increase 27% to $0.70
- Closing below $0.55 support could trigger 16% drop to $0.47