XRP price started a recovery wave above $1.10 and $1.1250. The price is now 
consolidating and might aim for a fresh move if it clears $1.1730. XRP price 
started a recovery wave above the $1.1250 zone. The price is now trading below 
$1.1220 and the 100-hourly Simple Moving Average. There was a break above a 
bearish trend line with resistance at $1.10 on the hourly chart of the XRP/USD 
pair (data source from Kraken). The pair could continue to move up if it 
settles above $1.1250. XRP Price Eyes More Gains XRP price remained supported 
above $1.050 and started a recovery wave, like Bitcoin and Ethereum. The price 
was able to climb above $1.10 and $1.120 to enter a short-term positive zone. 
There was a break above a bearish trend line with resistance at $1.10 on the 
hourly chart of the XRP/USD pair. The bulls pushed the price above the 23.6% 
Fib retracement level of the downward move from the $1.3640 swing high to the 
$1.052 swing low. The price is now trading above $1.120 and the 100-hourly 
Simple Moving Average. If there is a fresh upward move, the price might face 
resistance near the $1.1720 level. The first major resistance is near the 
$1.2080 level and the 50% Fib retracement level of the downward move from the 
$1.3640 swing high to the $1.052 swing low. A close above $1.2080 could send 
the price to $1.2150. The next hurdle sits at $1.220. A clear move above the 
$1.220 resistance might send the price toward the $1.2450 resistance. Any more 
gains might send the price toward the $1.2620 resistance. Another Decline? If 
XRP fails to clear the $1.1740 resistance zone, it could start a fresh 
decline. Initial support on the downside is near the $1.1250 level. The next 
major support is near the $1.110 level. If there is a downside break and a 
close below the $1.110 level, the price might continue to decline toward 
$1.080. The next major support sits near the $1.050 zone, below which the 
price could continue lower toward $1.00. 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 – $1.1250 and $1.1200. Major Resistance Levels – $1740 
and $1.2080.

XRP price started a recovery wave above $1.10 and $1.1250. The price is now consolidating and might aim for a fresh move if it clears $1.1730. XRP price started a recovery wave above the $1.1250 zone. The price is now trading below $1.1220 and the 100-hourly Simple Moving Average. There was a break above a &#8230;

XRP Price Climbs Off Recent Lows With Fresh Upside Momentum

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XRP Price Climbs Off Recent Lows With Fresh Upside Momentum

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