XRP Price Surges Over 10%, Trading Above $2.50 Resistance

XRP Price Analysis

XRP price surged over 10% above the $2.50 level.
Current trading position is above $2.450 and the 100-hourly Simple Moving Average.
A bullish flag is forming with resistance at $2.550 on the hourly chart.
Price peaked at $2.5979, consolidating gains after a dip below $2.55.
Key resistance levels are $2.60 and $2.65, with potential targets at $2.735 and $2.80.
If resistance at $2.550 holds, downside support is at $2.4850 and $2.420.
A break below $2.420 could lead to further declines toward $2.350 and $2.320.

Technical indicators show the MACD losing momentum in the bullish zone, while the RSI remains above 50.