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XRP Price Rises Above $2.20 Amidst Renewed Bullish Momentum
XRP is experiencing a steady increase, currently trading above $2.20 and the 100-hourly Simple Moving Average.
- The price surpassed the $2.120 resistance and a key bearish trend line at $2.00, reaching a high of $2.286.
- It is consolidating gains above the 23.6% Fib retracement level from the $1.817 low to the $2.286 high.
- A potential upward move could face resistance around $2.280 and $2.320.

If XRP breaks above $2.350, it might target resistances at $2.4620 and $2.50, with a significant hurdle at $2.550.
Potential Decline
- If XRP fails to surpass $2.280, it might decline with initial support at $2.180, followed by $2.080.
- A break below $2.080 could lead to further declines towards $2.050 and $2.020.
Technical Indicators:
- Hourly MACD: Gaining pace in the bullish zone.
- Hourly RSI: Above the 50 level.
- Major Support Levels: $2.180 and $2.080.
- Major Resistance Levels: $2.280 and $2.320.