XRP Price Stays Bullish, Aims Higher Toward $2.50
XRP continues to show strength after rebounding above the $2.25 support zone. Currently consolidating near $2.30, the price holds steady above the 100-hour SMA and key support at $2.270.
XRP surged past $2.280, topping out near $2.359 before correcting.
It remains above the 76.4% Fib level from the $2.2195 swing low to $2.359 high.
A bullish trend line supports the price at $2.270 on the hourly chart.
Upside Targets:
Immediate resistance: $2.3150
Breakout zone: $2.350
Further gains: $2.420, then $2.450â$2.50
Bullish extension could test $2.620
On the Downside:
Key support levels: $2.270, followed by $2.250
A break below $2.250 could open the door to $2.220 and $2.20
Technical Indicators:
MACD: Bullish momentum building
RSI: Holding above 50, suggesting strength
Unless XRP closes below $2.2450, the bulls remain in control.
#XRP #CryptoAnalysis #BullishTrend #BTCRebound #SaylorBTCPurchase #XRPETFs
$XRP $XRP