Market Analysis of XRP/USDT:
It is exhibiting a confirmed breakout, trading at $2.2391 after a period of consolidation. The primary focus for bulls is to achieve a decisive close above the local resistance cluster near $2.2868 - $2.3067 to set the stage for further gains.
The short-term trend is well-supported by a confluence of Moving Averages in the tight zone of $2.18 to $2.19, establishing this area as the critical floor for the current upward movement.
Should this key support be breached, the move would be invalidated, opening the door for a retest of the major long-term support at $2.1218.
