The price of XRP has seen a fresh increase and is holding gains above the $3.050 level. It has outperformed both Bitcoin and Ethereum and has moved above resistance levels at $2.750, $2.880, $3.050, and $3.20. However, the price is currently trading below $3.20 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3.20. On the upside, the price may face resistance at $3.130, $3.20, and $3.230, but a clear move above $3.230 could send the price towards $3.320, $3.40, or $3.420. If the $3.20 resistance is not cleared, the price could start to decline, with support levels at $3.00 and $2.880. The next major support is near $2.750, and a close below $2.880 could see the price continue to decline towards the $2.650 zone. Technical indicators show that the MACD is gaining pace in the bullish zone, but the RSI is below the 50 level.



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