XRP price started a decent increase above $1.3850. The price is now 
consolidating gains and might aim for more gains above the $1.420 zone. XRP 
price started a steady increase above the $1.40 zone. The price is now trading 
above $1.40 and the 100-hourly Simple Moving Average. There is a bullish trend 
line forming with support at $1.3920 on the hourly chart of the XRP/USD pair 
(data source from Kraken). The pair could continue to move up if it settles 
above $1.420. XRP Price Aims for Fresh Gains $1.420 XRP price started a fresh 
upward move above $1.3880 and $1.3920, like Bitcoin and Ethereum. The price 
gained pace for a clear move above the $1.40 resistance. The bulls even pumped 
the price toward the $1.4120 zone. A high was formed at $1.4148, and the price 
started a consolidation phase well above the 23.6% Fib retracement level of 
the upward move from the $1.3460 swing low to the $1.4148 high. The price is 
now trading above $1.40 and the 100-hourly Simple Moving Average. Besides, 
there is a bullish trend line forming with support at $1.3920 on the hourly 
chart of the XRP/USD pair. If there is a fresh upward move, the price might 
face resistance near the $1.4150 level. The first major resistance is near the 
$1.420 level, above which the price could rise and test $1.4350. A clear move 
above the $1.4350 resistance might send the price toward the $1.450 
resistance. Any more gains might send the price toward the $1.480 resistance. 
The next major hurdle for the bulls might be near $1.50. Downside Correction? 
If XRP fails to clear the $1.420 resistance zone, it could start a fresh 
decline. Initial support on the downside is near the $1.3880 level. The next 
major support is near the $1.380 level and the trend line or the 50% Fib 
retracement level of the upward move from the $1.3460 swing low to the $1.4148 
high. If there is a downside break and a close below the $1.380 level, the 
price might continue to decline toward $1.350. The next major support sits 
near the $1.3220 zone, below which the price could continue lower toward 
$1.3050. The main support could be $1.30. 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 – $1.4000 and $1.3800. Major Resistance Levels – $1.4200 
and $1.4500.

XRP Price Moves Up, Traders Eye Break Above $1.42 Level

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XRP Price Moves Up, Traders Eye Break Above $1.42 Level

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