XRP Price Moves Up — Hurdles Ahead Could Limit Gains

XRP Price Moves Up — Hurdles Ahead Could Limit Gains


XRP price started a decent upward move from the $2.150 zone. The price is now consolidating gains and might face hurdles near the $2.285 zone.

XRP price started a fresh increase above the $2.220 zone. The price is now trading above $2.220 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2.20 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it fails to clear the $2.2850 resistance zone. XRP Price Restarts Increase

XRP price found support near the $2.150 level and started a fresh increase, like Bitcoin and Ethereum. The price was able to recover losses and climbed above the $2.220 resistance level.

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