XRP Price Surpasses $3.120, Eyes Resistance at $3.2250

XRP Price Analysis

  • XRP price increased above $3.150, holding gains.
  • Trading above $3.120 and the 100-hourly Simple Moving Average.
  • Support found at $3.10 with a forming bullish trend line.
  • Potential for further increase if above $3.10 support.

Price Movement

XRP began rising from the $3.00 support zone, surpassing resistance levels at $3.050 and $3.120. A move above the 50% Fib retracement level was observed. The next resistance is at $3.2250.

XRP Price

Major resistance levels include:

  • $3.28
  • $3.350
  • $3.450
  • $3.50
  • $3.550
  • $3.650

Risk of Decline

If XRP does not surpass $3.2250, it may decline. Key support levels are:

  • $3.10
  • $3.00
  • $2.880
  • $2.750

Technical indicators show the MACD losing momentum in the bullish zone and the RSI above 50.