币界网报道：XRP is currently facing bearish pressure, trading around $0.50 with a 1.5% decline in the past 24 hours. Analysts note the cryptocurrency has been consolidating between $0.47 and $0.55 since mid-April. Despite the recent downtrend, some market observers see potential for a rebound. Analyst Dark Defender suggests XRP could rally to $1.88 if it breaks through key resistance levels, citing historical patterns from 2017 and 2021 when similar consolidations preceded significant price surges. The token's performance remains tied to ongoing developments in Ripple's legal battle with the SEC, with investors closely watching for any resolution that could impact XRP's market position. Trading volume has decreased by 15%, indicating reduced market activity amid the current price stagnation.