React-Native brand new project issues - react-native

Question

While creating new react-native project using the cli react-native init the project gets created successfully but when running it with cli react-native run-android it started giving following error.
Error
Here is the package.json file for the newly created project.
{
"name": "TempApp",
"version": "0.0.1",
"private": true,
"scripts": {
"start": "node node_modules/react-native/local-cli/cli.js start",
"test": "jest"
},
"dependencies": {
"react": "16.4.1",
"react-native": "0.56.0"
},
"devDependencies": {
"babel-jest": "23.4.2",
"babel-preset-react-native": "5",
"jest": "23.5.0",
"react-test-renderer": "16.4.1"
},
"jest": {
"preset": "react-native"
}
}
after a long hurdle, I just replaced a package.json file from one of my old project to the new one then the new project is started running with the cli.
here is my new package.json
{
"name": "TempApp",
"version": "0.0.1",
"private": true,
"scripts": {
"start": "node node_modules/react-native/local-cli/cli.js start",
"test": "jest"
},
"dependencies": {
"react": "16.3.1",
"react-native": "0.55.4",
"react-native-checkbox": "^2.0.0",
"react-native-popup-menu": "^0.13.1",
"react-native-shared-preferences": "^1.0.0"
},
"devDependencies": {
"babel-jest": "22.4.3",
"babel-preset-react-native": "4.0.0",
"jest": "22.4.3",
"react-test-renderer": "16.3.1"
},
"jest": {
"preset": "react-native"
}
}
if you compare these json file, you can say that the project is running with slightly older version of react-native.
My question here is, is there any stable version recommendation from react-native ?