The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. Short-term traders can trade within the XRP range, while those looking to build a long position can do so in the $0.46 region.

XRP has been relatively quiet in the market over the past two weeks, but a recovery is not out of sight for the bulls.

Traders can buy and sell within the $0.46 support and $0.49-$0.5 resistance, and XRP could be in an accumulation phase beneath $0.5. Swing traders can wait for a breakout past the $0.5 zone.