The XRP price is currently moving higher and could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels. A base has formed and the price started a fresh increase above $0.5350. The price is now trading above $0.5340 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $0.5280 on the hourly chart of the XRP/USD pair. The price could gain bullish momentum if it clears the $0.5360 and $0.5450 resistance levels. If it fails to clear these levels, the price could start another decline. The major support levels are $0.5285 and $0.5240, while the major resistance levels are $0.5360 and $0.5450.
Source: XRP