Jan 16, 2025
9 0
XRP Price Increases Over 10% and Surpasses $2.80 Level
XRP price has increased over 10% and is trading above the $2.80 level. Key points include:
- Price is above $2.850 and the 100-hourly Simple Moving Average.
- A bullish trend line is forming with support at $2.880 on the hourly chart.
- Price may rise if it remains above the $2.650 support.
- Resistance levels are noted at $3.050, $3.12, and $3.20, with potential gains targeting $3.320 and $3.450.
- Initial downside support is near $2.980 and $2.800, with major support at $2.650 and $2.50.
- The MACD shows bullish momentum, and RSI is above 50.
