XRP price started a fresh increase above the $2.450 level despite pressure on Bitcoin. The price is still showing positive signs and could clear the $2.550 resistance.
XRP price gained over 4% and rallied above the $2.450 zone.
The price is now trading above $2.4650 and the 100-hourly Simple Moving Average.
There was a break above a connecting bearish trend line with resistance at $2.50 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might start a fresh increase if it stays above the $2.420 support.
XRP Price Eyes More Gains $2.50
XRP price managed to start a fresh increase above the $2.40 and $2.42 resistance levels. The price gained over 4% and outperformed both Bitcoin and Ethereum. There was a move above the $2.45 and $2.480 levels.
The price climbed above the 50% Fib retracement level of the downward move from the $2.597 swing high to the $2.332 low. There was also a break above a connecting bearish trend line with resistance at $2.50 on th
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