XRP Price Hits Resistance—Will the Bulls Charge or Chill?
Alright, traders—XRP’s making moves, but can the bulls push through… or are we due for another slip? Let’s break it down:
✅ XRP found support at $2.080 and managed a nice little bounce. But now? It’s battling to break past $2.1650 — resistance is playing hard to get.
Current price: still hanging below $2.170 and under the 100-hour SMA.
There’s a sneaky downtrend line around $2.160 acting like a wall.
A close above $2.1680 could fire up another rally.
Can This Recovery Hold?
Just like Bitcoin and Ethereum, XRP dropped below $2.20 and $2.150 earlier. It even dipped below $2.120 before the bulls stepped back in.
Now it’s crawling back:
Price climbed past $2.10 and $2.120.
Broke above the 23.6% Fib retracement from the $2.2579 → $2.0780 drop.
But here’s the thing: bears are still lurking near $2.1650. And that pesky trend line at $2.160 is still holding.
👉 First big test? $2.1680 — that’s the 50% Fib level.
👉 Break it clean? We could push toward $2.20, then eye $2.220, maybe even $2.25 – $2.30.
👉 Bulls aiming big? $2.32 could be next!
But… Another Drop?
If XRP fails to break $2.160, we might see another pullback:
First support: $2.120
Next major support: $2.080
Break below $2.080? Uh-oh—then we’re looking at $2.050, possibly $2.020 next.
Tech Check:
MACD: bullish vibes fading a bit.
RSI: still above 50 — momentum’s trying to hang on.
Key Levels:
Support: $2.120, $2.080
Resistance: $2.1680, $2.20
Bottom line? XRP’s trying to rally, but those resistance levels aren’t backing down. Watch for a breakout—or prepare for another dip. Stay sharp, don’t chase, and trade with a plan!
