Despite positive events like Ripple's SEC ruling win and Grayscale's XRP trust, XRP's price has remained neutral, showing less than 1% variation in the past 30 days. Year-to-date, XRP has a -6.88% return, indicating long-term bearish sentiment. With a market cap of $33.15 billion, it holds the 7th position in the crypto market.

Technically, XRP's price is supported by the EMA 50-day, suggesting bullish sentiment. The RSI is also near a positive crossover, hinting at potential gains ahead. A breakout could push XRP toward resistance at $0.630, possibly reaching $0.690 in the coming weeks.

To hit $1, XRP would need a ~69% increase. A bearish reversal could see the price retest support at $0.560, with a potential drop to $0.480 if selling pressure intensifies.