XRP price started a fresh increase above the $2.50 resistance. The price is up over 30% and now faces resistance near the $3.00 barrier.
XRP price started a fresh increase above the $2.50 level.
The price is now trading above $2.750 and the 100-hourly Simple Moving Average.
There is a connecting bullish trend line forming with support at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken).
The pair might continue to move up if there is a clear move above the $3.00 resistance zone.
XRP Price Rises Steadily
XRP price extended losses toward the $2.00 level before the bulls appeared, like Bitcoin and Ethereum. The price formed a base and started a fresh increase above the $2.20 level.
The price surged above the $2.50 and $2.65 levels. It even surged above $2.80 and tested $3.00. A high was formed at $3.00 and the price is now consolidating gains. It traded toward the 23.6% Fib retracement level of the upward move from the $1.95 swing low to the $3.00 high
We współpracy z: https://www.newsbtc.com/analysis/xrp/xrp-price-explodes-3-00/
