$XRP recently saw a push above the $2.30mark, singling renewed bullish momentum . however , after this rise , the price started consoliding and his now holding near the $2.220 level . on the hourly chart . XRP /USDT it's forming a contracting triangle , suggesting a potential breakout ahead.
currently the price remains under pressure below $2.265 and the 100 hours simple moving average. still, as long as XRP stays above the key $2.220 support , bulls might regain strength for another upward move.
interestingly , XRP outperform both Bitcoin and Ethereum recently by breaking above resistance zone at $2.250 and $2.280 reaching as high as $2.230 before facing resistance