XRP Price Declines Below $2.320 but Shows Signs of Recovery
XRP price declined below $2.300 but has initiated a recovery attempt.
- Currently trading below $2.320 and the 100-hourly Simple Moving Average.
- Resistance at $2.3250 could hinder further gains.
- Support found at $2.220, with recent upward moves past $2.2650 and $2.280.
- A break above $2.350 may lead to further increases toward $2.40 or higher.
XRP Price Dynamics
Resistance levels are established at:
- $2.3350
- $2.350
- Potential next hurdle at $2.50
If XRP does not surpass $2.320, it may decline further, targeting initial supports at:
- $2.280
- $2.260
- Further decline possible towards $2.2320 and $2.20
Technical indicators show bullish momentum:
- MACD gaining pace in the bullish zone
- RSI above 50