XRP returns to growth after confirming support at 54 cents. Technical indicators indicate possible reasons for the rise in XRP price:
1. Buyers successfully defended key support: Last week, sellers tried to stop XRP's rally by pushing the price down to 54 cents, but buyers regained control of the price.
2. Above the low, the uptrend is confirmed: after successfully defending 54 cents, XRP has formed a higher low, which could lead to a higher high with targets of 60 and 68 cents.
3. Bullish reversal on the weekly RSI: The weekly RSI has formed a reverse head and shoulders pattern, which could lead to a break above 50 pips and continued rise in price to 60 cents.