XRP's price has seen a notable increase, climbing above the $3.150 mark and maintaining this momentum as it trades above $3.120 and the 100-hourly Simple Moving Average. The XRP/USD pair is forming a bullish trend line with support around $3.10, suggesting potential further gains if the price stays above this support level.
Resistance is anticipated around the $3.2250 level, with potential further resistance points at $3.28 and $3.350. A breakthrough above these could see XRP reach up to the $3.50 mark or possibly a new all-time high at $3.650.
However, if XRP fails to break the $3.2250 ceiling, a decline may occur, with key support levels at $3.10 and $3.00. A move below these could lead to a further dip towards $2.880 or even $2.750.
