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Bullish
If XRP Price Explodes 30%, Can Momentum Continue?
Above $2.50 barrier, XRP price rose again. Over 30% higher, the price confronts resistance at $3.00.
Above $2.50, XRP price rose again.
The price is above $2.750 and the 100-hour SMA.
On the hourly XRP/USD chart, a positive trend line connects to $2.40 support.
A decisive break over $3.00 resistance might keep the pair upward.
Price of XRP Rose XRP pricing lost ground at $2.00 before rallying with Bitcoin and Ethereum. Price rallied over $2.20 after forming a base.
Price rose beyond $2.50 and $2.65. It even surged above $2.80 and tested $3.00. The price is consolidating gains after hitting $3.00. It approached the 23.6% Fib retracement of the $1.95 swing low to $3.00 high upward rise.
The price is above $2.75 and the 100-hour SMA. On the hourly XRP/USD chart, a positive trend line connects to $2.40 support. Price may find resistance at $2.90 on the upside. First significant resistance is around $3.00.
The next hurdle is $3.20. A clean break over $3.20 might push the price above $3.350. Any more gains might send the price toward the $3.420 resistance or even $3.450 in the near term. The bulls may face $3.50 next.
Are Dips Limited?
XRP may fall again if it fails to break $3.00. Around $2.750 is first downward support. Near $2.620 is the next important support.
If the price breaks down and closes below $2.62, it may fall near $2.50. Near $2.40 and the trend line is the next important support.
Tech Indicators
Hourly MACD - XRP/USD's bullish MACD is declining.
XRP/USD's hourly RSI is over 50.
Major Support Levels: $2.750, $2.620.
Two major resistance levels are $2.950 and $3.00.
#xrp #USCryptoReserve #CMEsolanaFutures $XRP
Above $2.50 barrier, XRP price rose again. Over 30% higher, the price confronts resistance at $3.00.
Above $2.50, XRP price rose again.
The price is above $2.750 and the 100-hour SMA.
On the hourly XRP/USD chart, a positive trend line connects to $2.40 support.
A decisive break over $3.00 resistance might keep the pair upward.
Price of XRP Rose XRP pricing lost ground at $2.00 before rallying with Bitcoin and Ethereum. Price rallied over $2.20 after forming a base.
Price rose beyond $2.50 and $2.65. It even surged above $2.80 and tested $3.00. The price is consolidating gains after hitting $3.00. It approached the 23.6% Fib retracement of the $1.95 swing low to $3.00 high upward rise.
The price is above $2.75 and the 100-hour SMA. On the hourly XRP/USD chart, a positive trend line connects to $2.40 support. Price may find resistance at $2.90 on the upside. First significant resistance is around $3.00.
The next hurdle is $3.20. A clean break over $3.20 might push the price above $3.350. Any more gains might send the price toward the $3.420 resistance or even $3.450 in the near term. The bulls may face $3.50 next.
Are Dips Limited?
XRP may fall again if it fails to break $3.00. Around $2.750 is first downward support. Near $2.620 is the next important support.
If the price breaks down and closes below $2.62, it may fall near $2.50. Near $2.40 and the trend line is the next important support.
Tech Indicators
Hourly MACD - XRP/USD's bullish MACD is declining.
XRP/USD's hourly RSI is over 50.
Major Support Levels: $2.750, $2.620.
Two major resistance levels are $2.950 and $3.00.
#xrp #USCryptoReserve #CMEsolanaFutures $XRP
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