---
title: "Ripple (XRP) Price Outlook: Bulls Attempt to Control $0.6, Here’s the Next Target"
url: https://diffcoin.com/ripple-xrp-price-outlook-bulls-attempt-to-control-0-6-heres-the-next-target/
description: "The XRP rally resumed this week, and buyers continue to dominate. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Buyers Return XRP bounced from"
published: 2024-07-23
updated: 2024-07-23
author: "Mila"
site: "Diffcoin"
---

# Ripple (XRP) Price Outlook: Bulls Attempt to Control $0.6, Here’s the Next Target

The XRP rally resumed this week, and buyers continue to dominate.

**Key Support levels: $0.54**

**Key Resistance levels: $0.68**

## 1. Buyers Return

XRP bounced from the 54 cents support after buyers rushed in. The price increased by over 10% since that level was tested. As long as they defend it, the bias remains bullish.

![XRPUSDT_2024-07-23_14-18-00](https://cryptopotato.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-23_14-18-00.png)

Chart by TradingView

## 2. Volume Decreases

Since XRP made a local high at almost 64 cents, the volume has been falling. While this is not a concern now, it can become one if this continues. Sellers can take advantage of any weakness and push against the key support again. A second test of this key level could be interpreted as bearish.

![XRPUSDT_2024-07-23_14-18-29](https://cryptopotato.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-23_14-18-29.png)

Chart by TradingView

## 3. Weekly MACD Remains Strong

Despite the volatility on lower timeframes, the weekly MACD provides a clear, bullish picture with higher highs on the histogram. As long as this continues, XRP can aim for new highs and even challenge the resistance at 68 cents.

![XRPUSDT_2024-07-23_14-19-06](https://cryptopotato.com/wp-content/uploads/2024/07/XRPUSDT_2024-07-23_14-19-06.png)

Chart by TradingView

The post Ripple (XRP) Price Outlook: Bulls Attempt to Control $0.6, Here’s the Next Target appeared first on CryptoPotato.

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