XRP experienced a significant price surge, climbing over 30% after recovering from a dip towards $2.00. The cryptocurrency faced resistance near the $3.00 mark after surpassing the $2.50 resistance level. A high was formed at $3.00, and the price is currently consolidating gains, trading above $2.75 and the 100-hourly Simple Moving Average. A bullish trend line is forming with support at $2.40. Potential resistance levels lie at $2.90, $3.00, $3.20, $3.350, $3.420, and $3.450. Failure to clear the $3.00 resistance could lead to a decline, with initial support at $2.750 and major support at $2.620 and $2.40.
XRP Surges 30%, Faces Resistance at $3.00 After Recovering from $2.00 Dip
Edited by: Yuliya Shumai
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