XRP Price Targets $2.680 Resistance Amid Bullish Momentum

XRP is showing positive signs, attempting to rise above the $2.50 zone:

  • The price surpassed resistance levels at $2.380 and $2.450.
  • Currently trading above $2.50, supported by a bullish trend line at $2.580.

XRP Price Movement

XRP formed a base above $2.320 and initiated an increase similar to Bitcoin and Ethereum. It reached a high of $2.668 and is now consolidating gains.

An image illustrating the price movement: XRP Price

If XRP clears the $2.680 resistance, it could test $2.750 and potentially rise towards $2.80 and $2.920.

Support Levels

If unable to clear $2.680, XRP might decline:

  • Initial support around $2.60.
  • Major support at $2.580; a break below may lead to further declines toward $2.50 and possibly $2.40.

Technical Indicators

  • MACD for XRP/USD indicates bullish momentum.
  • RSI for XRP/USD is above 50, suggesting strength.
  • Key resistance levels are $2.660 and $2.680.
  • Key support levels are $2.60 and $2.580.