XRP Price Hits Resistance—Will the Bulls Push Through or Fade Away?

XRP price found support at $2.080 and started a fresh increase. The price is now facing resistance near $2.1650 and struggling to continue higher.

XRP price started a recovery wave from the $2.080 zone.

The price is now trading below $2.170 and the 100-hourly Simple Moving Average.

There is a key bearish trend line forming with resistance near $2.160 on the hourly chart of the XRP/USD pair (data source from Kraken).

The pair might start another increase if there is a close above the $2.1680 resistance.


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