XRP price started a steady increase above $2. 20. The price is now consolidating gains and might aim for another increase if it stays above the $2. 180 level. XRP price started a fresh increase above the $2. 120 zone. The price is now trading above $2. 20 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2. 00 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it clears $2. 280. XRP Price Gains Momentum XRP price started a decent upward move above $2. 020 and $2. 050, beating Bitcoin and Ethereum. The price gained pace for a clear move above the $2. 120 resistance. Besides, there was a break above a key bearish trend line with resistance at $2. 00 on the hourly chart of the XRP/USD pair. The pair even surpassed the $2. 20 barrier. A high was formed at $2. 286 and the price started a consolidation phase above the 23. 6% Fib retracement level of the upward move from the $1. 817 swing low to the $2. 286 high. The price is now trading above $2. 20 and the 100-hourly Simple Moving Average. If there is a fresh upward move, the price might face resistance near the $2. 280 level. The first major resistance is near the $2. 320 level, above which the price could rise and test $2. 350. A clear move above the $2. 350 resistance might send the price toward the $2. 4620 resistance. Any more gains might send the price toward the $2. 50 resistance. The next major hurdle for the bulls might be near $2. 550. Another Decline? If XRP fails to clear the $2. 280 resistance zone, it could start a fresh decline. Initial support on the downside is near the $2. 180 level. The next major support is near the $2. 080 level. If there is a downside break and a close below the $2. 080 level, the price might continue to decline toward $2. 050 and the 50% Fib retracement level of the upward move from the $1. 817 swing low to the $2. 286 high. The next major support sits near the $2. 020 zone, below which the price could continue lower toward $1. 9250. 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 $2. 180 and $2. 080. Major Resistance Levels $2. 280 and $2. 320.