5 0
XRP Price Consolidates Above $3.00 Amidst Resistance at $3.080
- XRP's price is consolidating above $3.00, facing resistance at $3.080.
- The price remains above the 100-hourly Simple Moving Average, with a bullish trend line support at $3.020 on the XRP/USD hourly chart.
- XRP outperformed Bitcoin and Ethereum, climbing past $2.980 and $3.020 levels, forming a high at $3.0725.
- If the $3.00 support holds, XRP could rise, facing resistances at $3.050, $3.080, and potentially reaching $3.120 and $3.150.
- A failure to clear $3.080 may lead to a decline, with supports at $3.00, $2.9880, and possibly down to $2.950 and $2.920.
- Technical indicators: The MACD is in the bullish zone; RSI is above 50.
- Key support levels are at $3.020 and $3.00; major resistances at $3.080 and $3.120.
