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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.
