XRP Price Declines Below $2.40 Amid Resistance at $2.50

XRP Price Update

  • XRP price declined from the $2.50 zone.
  • Currently trading below $2.420 and the 100-hourly Simple Moving Average.
  • A bullish trend line forms with support at $2.3650 on the hourly chart.
  • Resistance levels are at $2.440 and $2.50; a break above $2.520 could push the price to $2.60.
  • If resistance at $2.50 holds, initial support is near $2.3620, followed by $2.2650.
  • A close below $2.2650 may lead to further declines toward $2.140 and $2.050.

Technical indicators show the MACD losing momentum and RSI below the 50 level.

XRP Price