XRP Price Stays Bullish While Aiming Higher

Above $2.250, XRP price rose again. The price is consolidating near $2.30 and may rise again.

The price of XRP rose above $2.280.
The price is above $2.250 and the 100-hour SMA.
On the hourly XRP/USD chart, a positive trend line connects to $2.270 support.

Unless it closes below $2.2450, the pair may rise again.

XRP Expects More Gains

Like Bitcoin and Ethereum, XRP price launched a decent uptrend over $2.20 and $2.220 barrier levels. To start rising, the price traded over $2.250 and $2.30.

A downside correction began once the price reached $2.359. Below $2.320 and $2.30 support levels. The price dropped below the 50% Fib retracement level of the upward trend from $2.2195 swing low to $2.359 high.

The price was maintained between $2.250 and the 76.4% Fib retracement level of the upward run from $2.2195 swing low to $2.359 high.

The price is above $2.250 and the 100-hour SMA. On the hourly XRP/USD chart, a positive trend line connects to $2.270 support. Price may find resistance near $2.3150 on the upside.

Near $2.350 is the first major resistance. $2.350 is next resistance. A clear break above $2.350 might push the price toward $2.420. More advances might push the price toward $2.450 or $2.50. The bulls may face $2.620 next.

Support dips?
XRP may fall again if it fails to break $2.3150. Around $2.270 is initial downward support. Near $2.250 is the next key support.

If the price breaks down and closes below $2.250, it may fall toward $2.220. Near $2.20 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: $2.270, $2.250.

Key Resistance Levels: $2.3150, $2.350.

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