The price of XRP experienced a significant decline and tested the support level of $2.650. However, it has since shown positive signs above $3.00 and is now correcting previous losses. There was a break above a bearish trend line, and the price is currently trading below the 100-hourly Simple Moving Average. On the upside, the price may face resistance at levels such as $3.10, $3.120, and $3.150. If these resistances are cleared, the price could move toward $3.20, $3.250, or even $3.350. However, if the price fails to surpass the $3.10 resistance, it could start another decline. The initial support level is near $3.00, followed by $2.950. If there is a downside break below $2.950, the price may continue to decline toward the $2.880 and $2.750 support levels. The hourly MACD is gaining pace in the bullish zone, and the RSI is above the 50 level.



Other News from Today