XRP Price Surges Above $2.50 with Bullish Momentum

XRP Price Update

  • XRP price found support at $2.420 and is currently trading above $2.50.
  • The price surpassed the $2.50 and $2.550 levels, with a high of $2.6050 before a pullback.
  • A bullish trend line is forming with support at $2.510 on the hourly chart.
  • Resistance levels are at $2.60, $2.650, and $2.720.
  • If the price closes above $2.720, it may target $2.80 or higher.
  • Initial downside support is at $2.510; if broken, further declines to $2.492 and $2.450 may occur.
  • Technical indicators show bullish momentum in the MACD and RSI above 50.

Current major support levels are $2.510 and $2.4920, while resistance levels are $2.60 and $2.650.