XRP's price attempted to break above the $2.350 resistance but is currently moving lower towards $2.20. Trading above $2.25 and the 100-hourly SMA, XRP could see a rise if it surpasses $2.30. A major resistance forms at $2.30, and clearing it could push XRP to $2.50 and beyond.
The price recently tested $2.35 before facing resistance, indicating a struggle to maintain upward momentum. A decline below $2.30 occurred, and support is now at $2.24. Failing to stay above $2.30 could trigger further declines to $2.150 or even $2.050.
Technical indicators show the hourly MACD losing bullish momentum and RSI dropping below 50, suggesting potential downward pressure if resistance levels aren't breached.
