The XRP price has experienced a recovery wave, bouncing back above key levels after testing the $2.280 support zone. The bulls have managed to push the price above the 23.6% Fib retracement level and break a bearish trend line with resistance at $2.450. The price is now trading above $2.40 and the 100-hourly Simple Moving Average, but it might face resistance near the $2.50 and $2.60 levels. If the price fails to clear the $2.50 resistance, it could start another decline, with initial support near $2.380 and the next major support near $2.280. Technical indicators suggest a bearish pace in the MACD, but the RSI is above the 50 level.



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