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XRP Price Holds Above $3.050 with Potential for Further Gains
- XRP price is rising above the $3.00 support, trading above $3.050 and the 100-hourly SMA.
- A bullish trend line with support at $3.040 is forming on the hourly chart of XRP/USD.
- Resistance is expected near $3.10, with major resistance levels at $3.120 and potentially $3.20 if cleared.
- If the price fails to surpass $3.10, it may decline, with initial support at $3.050 and further support at $3.020.
- A break below $3.020 could see a decline toward $2.980 or lower to $2.9150.
- Technical indicators: Hourly MACD is losing pace in the bullish zone; RSI is below 50.
