🔥🔥🔥 $XRP Price Eyes Breakout: Will It Surge Past Resistance?
XRP Price Recovery and Key Resistance Levels
Current Trend:
- XRP has initiated a recovery wave, trading above $0.4750 and $0.4880. The price is currently below $0.5220 and the 100-hourly Simple Moving Average (SMA).
Resistance and Support:
- Resistance: The key resistance levels are at $0.5220 and $0.5420. A break above $0.5220 could drive XRP towards $0.5420 and potentially $0.5750. Further gains may push the price to $0.5840, $0.5920, and possibly $0.600 or $0.6120.
- Support: Immediate support is at $0.4980, with significant support at $0.4880. A decline below $0.4880 could lead to further drops toward $0.4660 and $0.4500.
Technical Indicators:
- #MACD : Bullish momentum is increasing.
- #RSI : Above the 50 level, indicating bullish strength.
XRP needs to clear the $0.5220 resistance to maintain bullish momentum. Failure to do so could result in a decline towards lower support levels.
Source - newsbtc.com
