XRP price started a strong increase above $2.00. The price is now 
consolidating gains and might aim for more gains above the $2.165 zone. XRP 
price started a fresh increase above the $2.00 zone. The price is now trading 
above $2.10 and the 100-hourly Simple Moving Average. There is a bullish trend 
line forming with support at $2.070 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move up if it settles 
above $2.20. XRP Price Regains Traction XRP price started a decent upward move 
above $2.00 and $2.020, like Bitcoin and Ethereum. The price gained pace for a 
clear move above the $2.10 resistance. The bulls even pumped the price above 
the $2.150 zone. A high was formed at $2.165 and the price started a 
consolidation phase above the 23.6% Fib retracement level of the upward move 
from the $1.983 swing low to the $2.165 high. The price is now trading above 
$2.10 and the 100-hourly Simple Moving Average. Besides, there is a bullish 
trend line forming with support at $2.070 on the hourly chart of the XRP/USD 
pair. If there is a fresh upward move, the price might face resistance near 
the $2.1650 level. The first major resistance is near the $2.180 level, above 
which the price could rise and test $2.20. A clear move above the $2.20 
resistance might send the price toward the $2.250 resistance. Any more gains 
might send the price toward the $2.320 resistance. The next major hurdle for 
the bulls might be near $2.350. Downside Correction? If XRP fails to clear the 
$2.1650 resistance zone, it could start a fresh decline. Initial support on 
the downside is near the $2.120 level. The next major support is near the 
$2.070 level or the 50% Fib retracement level of the upward move from the 
$1.983 swing low to the $2.165 high. If there is a downside break and a close 
below the $2.070 level, the price might continue to decline toward $2.020. The 
next major support sits near the $2.00 zone, below which the price could 
continue lower toward $1.9650. Technical Indicators Hourly MACD – The MACD for 
XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength 
Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – 
$2.10 and $2.070. Major Resistance Levels – $2.1650 and $2.20.

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Ethereum price started a steady upward move above $3,050. ETH is now 
consolidating gains and might aim for more gains above $3,200. Ethereum 
started a fresh increase above $3,000 and $3,050. The price is trading above 
$3,100 and the 100-hourly Simple Moving Average. There is a short-term bullish 
trend line forming with support at $3,120 on the hourly chart of ETH/USD (data 
feed via Kraken). The pair could continue to move up if it clears the $3,200 
zone. Ethereum Price Eyes More Gains Ethereum price started a fresh increase 
after it settled above the $3,000 zone, like Bitcoin. ETH price gained pace 
for a move above the $3,050 and $3,120 resistance levels. The bulls even 
pumped the price toward $3,200. A high was formed at $3,218, and the price is 
now consolidating gains. It declined a few points below the 23.6% Fib 
retracement level of the recent increase from the $3,116 swing low to the 
$3,218 high. Ethereum price is now trading above $3,100 and the 100-hourly 
Simple Moving Average. Besides, there is a short-term bullish trend line 
forming with support at $3,120 on the hourly chart of ETH/USD. If the bulls 
are able to protect more losses below $3,120, the price could attempt another 
increase. Immediate resistance is seen near the $3,200 level. The first key 
resistance is near the $3,220 level. The next major resistance is near the 
$3,250 level. A clear move above the $3,250 resistance might send the price 
toward the $3,350 resistance. An upside break above the $3,350 region might 
call for more gains in the coming days. In the stated case, Ether could rise 
toward the $3,450 resistance zone or even $3,500 in the near term. Another 
Decline In ETH? If Ethereum fails to clear the $3,220 resistance, it could 
start a fresh decline. Initial support on the downside is near the $3,165 
level or the 50% Fib retracement level of the recent increase from the $3,116 
swing low to the $3,218 high. The first major support sits near the $3,120 
zone. A clear move below the $3,120 support might push the price toward the 
$3,050 support. Any more losses might send the price toward the $3,000 region. 
Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in 
the bullish zone. Hourly RSI &#8211; The RSI for ETH/USD is now above the 50 zone. 
Major Support Level – $3,120 Major Resistance Level – $3,220

Cryptocurrency price in CNY