XRP Surge in Full Swing 🚀—Bulls Eye 🐂 $4 Breakout 💥
Above $3.350, XRP price rose again. The price is stabilizing and may surge over $3.60.
Over $3.350, XRP price rose again.
The price is above $3.40 and the 100-hour SMA.
The hourly XRP/USD chart shows a bullish trend line with support at $3.450.
The pair might rise again if it continues over $3.220.
Over 15% Gain for XRP
After breaking $3.00, XRP price rose, beating Bitcoin and Ethereum. The price broke $3.220 barrier.
Price rose over $3.350 as bulls remained active. Finally, $3.650 was examined. Price is maintaining gains after hitting $3.660. The price fell below $3.60 but held above the 23.6% Fib retracement line of the upward trend from $2.80 swing low to $3.660 high.
The price is over $3.50 and the 100-hour SMA. On the hourly XRP/USD chart, a bullish trend line with support around $3.450 is formed.
Price may find resistance at $3.620 on the upside. Near $3.660 is the first big resistance. A clean break over $3.660 might push the price above $3.750. More advances might push the price toward $3.80 or $3.880. Near $4.00, bulls may face their next significant challenge.
Downside Break?
XRP may fall again if it fails to break $3.660. The trend line and $3.450 level provide first downward support. Near $3.350 is the next important support.
If the price breaks down and closes below $3.350, it may fall toward $3.320. Near $3.220 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: $3.450, $3.350.
Major resistance levels: $3.660, $3.80.
