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Above $2.150, $XRP XRP price rose again. The price is stabilizing over $2.20 and may break $2.250.

Above $2.120, XRP price rose again.

The price is above $2.150 and the 100-hour SMA.

On the hourly XRP/USD chart, a positive trend line connects to $2.20 support.

The pair may gather momentum if it breaks $2.250 resistance.

XRP Rises

Like Bitcoin and $ETH Ethereum, XRP began a comeback over $2.0650 and $2.10 barrier. A good gain began above $2.120 and $2.150.

Bulls had the stock around $2.250 before bears came. A negative drop began after a $2.2490 peak. Below $2.2350 and $2.2220 support levels. Price even touched the 23.6% Fib retracement line of the $2.060 swing low to $2.2490 peak upward advance.

Bulls protected $2.20. The price is above $2.220 and the 100-hour SMA. On the hourly XRP/USD chart, a positive trend line connects to $2.20 support.

The price may encounter resistance at $2.2450 on the upside. Near $2.250 is the first big obstacle. $2.350 is next resistance. A clean break over $2.350 might push the market above $2.50. More advances might push the price toward $2.620 or $2.650. $2.80 may be the bulls' next challenge.

Another Fall?

XRP may fall again if it fails to break $2.250. The trend line and $2.20 provide first negative support. The next key support is at $2.150, the 50% Fib retracement level of the upward run from $2.060 swing low to $2.2490 high.

A downward break and closing below $2.150 might push the stock below $2.120. Near $2.080 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: $2.20, $2.150.

Two major resistance levels: $2.350 and $2.450.