XRP Price Consolidates Gains Above $2.150, Eyes Break Above $2.220

XRP price is experiencing an upward trend, consolidating gains above the $2.150 zone.

Price increased past $2.150, trading above the 100-hourly Simple Moving Average.
A bullish trend line has formed with support at $2.1320.
Continued upward movement may occur if the price closes above the $2.220 resistance level.
Recent high reached $2.2294, maintaining support above the 23.6% Fibonacci retracement level from a low of $1.910.
Potential resistance levels include $2.250 and $2.320; surpassing $2.320 could push the price towards $2.40.
If unable to breach the $2.220 barrier, XRP may decline towards initial support at $2.150 or further down to $2.1320.

Technical indicators show a bullish MACD and RSI above 50, suggesting continued momentum.

Key Support Levels: $2.150, $2.1320

Key Resistance Levels: $2.220, $2.250