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XRP Price Surges Over 4% and Breaks $2.450 Resistance
XRP price increased over 4%, trading above $2.450 and showing positive momentum despite Bitcoin's performance. Key points include:
- Current trading price above $2.4650 and the 100-hourly Simple Moving Average.
- Break above a bearish trend line with resistance at $2.50 on the hourly chart.
- Support levels at $2.480 and $2.420.
- Resistance targets at $2.550, $2.600, and potentially up to $2.7350 if gains continue.
If XRP fails to surpass $2.600, it may decline toward support levels of $2.480 and $2.420, with further downside to $2.350 and $2.320 possible.
Technical indicators show:
- MACD losing momentum in the bullish zone.
- RSI above 50.
