XRP Price Turns Green, Hopes for Upside

Above $2.050 obstacle, XRP price rose again. Price is consolidating and needs go over $2.20 to gain.

Above $1.980 and $2.050, XRP price rose again.
The price is above $2.080 and the 100-hour SMA.
On the hourly XRP/USD chart, a positive trend line connects to $2.10 support.

If it closes over $2.20 barrier, the pair may climb.

XRP Expects Gains

Like Bitcoin and Ethereum, XRP closed above the $1.880 support zone and rose. Price broke $1.980 and $2.00 barriers.

Price just begun a negative reversal after reaching $2.24. Below the $2.120 support zone. The price fell below the 23.6% Fib retracement line of the $1.920 swing low to $2.244 high.

Bulls were aggressive at $2.080 support. The price is above $2.100 and the 100-hour SMA. On the hourly XRP/USD chart, a positive trend line connects to $2.10 support.

Price may find resistance at $2.1680 on the upside. Near $2.20 is the first substantial resistance. The next hurdle is $2.250.

A clean break over $2.250 might push the market above $2.320. More advances might push the price toward $2.450 or $2.50. The bulls may face $2.550 next.

Another Fall?

XRP may fall again if it fails to break $2.20. The trend line and $2.10 provide first negative support. The next key support is at $2.080, the 50% Fib retracement level of the upward run from the $1.920 swing low to the $2.244 high.

A downward break and closure below $2.080 might push the price near $2.00. Near $1.920 is the next important support.

Tech Indicators

Hourly MACD - XRP/USD MACD is rising in the positive zone.

XRP/USD's hourly RSI is over 50.

Major Support Levels: $2.100, $2.080.

Major resistance levels: $2.20, $2.250.

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