$XRP has been steadily climbing, surpassing the $2.120 mark and currently consolidating near this level. With the price now poised to break through the $2.220 resistance, we may see further bullish momentum in the coming hours. Here's the technical breakdown:

Current Price Action:

XRP is holding firm above $2.150 and the 100-hour SMA (simple moving average).

The pair has recently broken above a downward trend line with resistance around $2.190.

The price has successfully crossed $2.20, but currently, it is correcting slightly after reaching $2.2191.

Despite this correction, XRP is still holding above the 23.6% Fibonacci retracement level from the recent low of $2.070 to the high of $2.2191.

Bullish Potential:

The price is showing signs of strength above $2.180.

Resistance at $2.220 may act as the next barrier, with $2.250 being the key level to watch.

A clean break over $2.320 could ignite further upward momentum, potentially pushing XRP toward $2.350.

If bullish momentum continues, XRP may even target the $2.40 or $2.450 range, with $2.50 as the next major resistance.

Bearish Scenario — Watch for Support Levels:

If XRP fails to break above $2.220, it could face downward pressure.

First major support is at $2.180, followed by $2.1450, which corresponds with the 50% Fibonacci retracement level.

A break below $2.1450 could signal further downside, potentially pushing the price toward $2.120 or even $2.080.

Technical Indicators:

MACD: The hourly MACD is rising in the positive zone, signaling potential for further bullish moves.

RSI: XRP's hourly RSI is above 50, supporting the bullish outlook.

Key Levels to Watch:

Resistance: $2.220, $2.250, $2.320, $2.350, $2.450, $2.50

Support: $2.180, $2.1450, $2.120, $2.080

Outlook:

XRP's current bullish momentum has the potential to push the price towards new highs if resistance levels are broken. However, a failure to breach $2.220 could lead to a corrective phase, and traders should be cautious around key support levels.

Stay alert for any breakout above $2.220 — it could lead to exciting gains.