XRP price started a fresh increase above $2.550. The price is now facing hurdles above $2.650 and at risk of another decline in the near term.
XRP price gained pace for a move above $2.60 and $2.620 before the bears appeared. The price is now trading below $2.60 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2.6350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it stays above $2.50. XRP Price Retreats Lower
XRP price started a fresh increase after it settled above $2.50, like Bitcoin and Ethereum. The price surpassed the $2.550 and $2.60 resistance levels.
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The bulls were able
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