XRP Price Surges Above $3.250, Aiming to Clear $3.350 Resistance

XRP price is currently trading above the $3.250 level and showing potential for further increases.

The price is attempting to overcome the $3.350 resistance.
Trading is above both $3.250 and the 100-hourly Simple Moving Average.
A bearish trend line was broken at $3.288 on the hourly chart of the XRP/USD pair.
Potential bullish momentum could follow if the price clears the $3.350 zone.

XRP Price Overview

XRP established a base above $3.150, recently surpassing the $3.20 and $3.25 levels. A high was reached at $3.350, with consolidation occurring above the 23.6% Fib retracement level from the $3.10 swing low.

Resistance levels include:

$3.350
$3.3650 (potential move towards $3.40)
$3.450 or $3.480 as further targets
$3.50 as a major hurdle for bulls

Potential Pullback Scenario

If XRP does not clear $3.350, a decline may occur:

Initial support near $3.290
Next support at $3.200 or the 61.8% Fib level
Further decline possible toward $3.150 and $3.080

Technical indicators show:

Hourly MACD indicates bullish momentum
Hourly RSI is above 50

Major support levels are $3.20 and $3.150, while resistance levels are $3.350 and $3.450.