Ripple (XRP) has been stuck in a tight trading range for months, showing little signs of movement. Despite a brief 10% surge, the altcoin has failed to break out of its range, leaving investors wondering what's next.

Bitcoin's recent drop has had a ripple effect on XRP, pulling it down from its mid-range level of $0.514. The daily relative strength index (RSI) is below 50, indicating a continued downtrend. Additionally, the On Balance Volume (OBV) has been on a downward slope since April, signaling weak buying pressure.

While the price action chart and technical indicators point to a downtrend, some experts believe XRP may rise to $0.58 in June before facing another rejection. This is due to a liquidity cluster at $0.58, the mid-range of the 10-month range. However, if XRP fails to hold the $0.45 level, it may drop further.

In conclusion, Ripple's price is at a crossroads, and its next move is uncertain. While some experts predict a rise to $0.58, others see a continued downtrend. As the crypto market continues to evolve, investors must keep a close eye on XRP's price action and technical indicators to make informed decisions.