🚨🚨 The price of XRP is around support: can the 100 simple moving average (SMA) trigger a bullish rebound? 👀
The price of XRP started a new increase above the $2.150 zone.
The price is now trading above $2.150 and the 100-hour simple moving average.
A key downtrend line is forming with resistance at $2.20 on the hourly chart of the XRP/USD pair (data source: Kraken).
The pair could start another increase unless there is a close below the support of $2.150.