XRP Price Surges Above $2.50, Eyes Further Gains
- XRP price increased by over 5%, surpassing the $2.550 level.
- The price is trading above the 100-hourly Simple Moving Average and $2.550.
- A bullish trend line with support at $2.60 is forming on the hourly chart.
- Resistance levels are identified at $2.875, $3.00, and potentially up to $3.320.
- Key support levels are near $2.750 and $2.60.
XRP’s recent rally saw it rise over 5% to trade above the critical $2.550 mark, supported by a bullish trend line at $2.60, with resistance looming at higher levels like $3.00.
