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XRP Price Bounces Back — Can It Reclaim Key Resistance Levels?

  • XRP price is consolidating above the $2.250 zone and aiming for an upside break above $2.350.
  • The price is currently trading below $2.350 and the 100-hourly Simple Moving Average, but might start another increase upon clearing the $2.380 resistance.
  • There was a downside correction below $2.420, but strong support was found near $2.2670. The price is now recovering and facing resistance levels at $2.380, $2.420, and $2.480.
  • If XRP fails to clear the $2.380 resistance, it could see another decline towards the $2.30 level. On the upside, clearing $2.420 might lead to further gains towards $2.550 and $2.650.

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