XRP Price Struggles Below $1.950 Despite Upward Movement

XRP Price Analysis

  • XRP has increased above $1.90 but is struggling to surpass $1.950.
  • Trading above $1.910 and the 100-hourly SMA, a flag pattern indicates resistance at $1.940.
  • A potential upward move is possible if XRP sustains above $1.950.

Resistance Levels

  • XRP needs to overcome the $1.940 resistance for further gains.
  • Major resistance levels are at $1.9550, $2.00, $2.050, and $2.120.
  • The next significant hurdle could be around $2.150.

XRP Price

Potential Downside

  • If unable to clear $1.9550, XRP might decline.
  • Support levels are at $1.90, $1.8650 (50% Fib retracement), and $1.8420.
  • A drop below $1.80 may lead to a fall toward $1.7750.

Technical Indicators

  • Hourly MACD: Losing pace in the bullish zone.
  • Hourly RSI: Near the 50 level.
  • Major support at $1.90 and $1.8650, with resistance at $1.9550 and $2.00.