XRP Price Momentum: If E Sharp Pass $3.12 Fit Spark Rally
XRP price don regain bullish momentum after e test support near $2.98 and break out from one rising channel for $3.07. Bulls carry the token pass the 100-hour SMA and clear the main $3.12 resistance wey be 61.8% Fibonacci retracement of the recent drop. As dem still dey buy, e sharp break pass the bearish trend line at $3.288 and carry XRP price move through $3.20 and $3.25, e reach $3.35 top. The main resistance now dey for $3.365, with target at $3.40, $3.45 and $3.50 if support still hold. For downside, key support levels dey at $3.29, $3.20, $3.15, $3.08 and $2.98; if e drop under $2.98 e fit trigger deeper correction. Hourly MACD dey bullish and RSI dey pass 50, e mean say XRP price get more room to rise. Traders suppose dey watch these resistance and support zones for signs say rally go last or fresh pullback go show.
Bullish
Di teknical signals dem combine show say na bullish market dey for XRP price both short term and medium term. Di price break pass di rising channel for $3.07 with di main $3.12 Fibonacci resistance, den e pass di bearish trend line for $3.288 and di 100-hour SMA, show how buyers strong well-well. Momentum indicators, like di hourly MACD wey dey rise and RSI above 50, confirm say price fit continue to go up. Di first resistance levels for $3.365, $3.40 and more go be important to keep di rally dey go. For downside, strong support zones from $3.29 go $2.98 dey protect against sharp price drops. Dis arrangement mean say short-term traders fit expect better price highs and e fit support price to dey go up steady if main support hold for long term.