XRP Price Struggles to Break Above $2.920 Resistance Level

XRP price is facing challenges in surpassing the $2.920 resistance zone, currently trading above $2.850 and the 100-hourly Simple Moving Average.

  • The price has formed a bullish trend line with support at $2.8650 on the hourly chart.
  • It could rise if it maintains above $2.850.
  • If XRP fails to break $2.920, it may decline towards $2.850 or lower.
  • Key resistance levels are at $2.90 and $2.920, with potential gains up to $3.00.
  • Major support levels are at $2.850 and $2.80.

Technical indicators show the MACD is gaining pace in the bullish zone and the RSI is above 50.