XRP price is recovering from the $2.320 support zone and trading above $2.420 and the 100-hourly Simple Moving Average. A key bullish trend line at $2.380 supports this upward move. XRP needs to break the $2.50 and $2.52 resistance levels to continue its upward trajectory.
The price surpassed the 50% Fib retracement level, trading near $2.50 resistance. If it clears this zone, it might aim for $2.60 or $2.72. Failure to break $2.50 may lead to a decline, testing supports at $2.420 and $2.380.
Technical indicators like the MACD and RSI show bullish signs, supporting potential gains.
Source : www.newsbtc.com ↗