XRP Price Climbs Above $2.20, Facing Resistance at $2.280

XRP price has increased above $2.20, currently consolidating gains and may rise further if it surpasses $2.280.

  • XRP is trading above $2.20 and the 100-hourly Simple Moving Average.
  • A bullish trend line provides support at $2.180 on the hourly chart for XRP/USD.
  • A move above $2.280 could lead to testing the $2.350 resistance level.
  • Further gains might push the price toward $2.450 and potentially $2.50, with a major hurdle at $2.550.

XRP Price

Potential Pullback

  • If XRP doesn't clear the $2.280 resistance, a decline might start.
  • Initial downside support is near $2.180 and then $2.120.
  • A break below $2.120 could drive the price down to $2.050 and possibly $1.9250.

Technical indicators show the MACD losing pace in the bullish zone and RSI above 50. Major support levels are at $2.180 and $2.050, while resistance levels are at $2.280 and $2.350.