The price surpassed the 50% Fib retracement level of the recent decline from the $0.6162 swing high to the $0.5630 low. If XRP fails to clear the $0.600 resistance zone, it could start another decline. Technical indicators include the Hourly MACD gaining pace in the bullish zone, the RSI above the 50 level, major support levels at $0.5820 and $0.5780, and major resistance levels at $0.6000 and $0.6150.