*XRP Price Struggles to Hold Gains, Faces Key Resistance Ahead*
XRP recently attempted to climb above $2.258 but failed to maintain its momentum, following a pattern similar to Bitcoin and Ethereum. The price dropped below key support levels at $2.21 and $2.176, signaling a short-term bearish trend.
It even fell past the $2.135 support zone, reaching a low of $2.095. Since then, XRP has been consolidating, trying to recover from those losses. Right now, it’s trading below $2.15 and under the 100-hour Simple Moving Average, showing signs of weakness.
A key bearish trend line is forming with resistance around $2.1764 on the hourly chart.
What’s Next for XRP?
-On the upside, initial resistance is at $2.1392.
-The main hurdle is near $2.1764. A breakout above this could push the price to $2.210.
If momentum builds, XRP might aim for $2.24, $2.27, or even $2.30.
The next big resistance for bulls could be around $2.30.
Downside Risks
If XRP can’t break above $2.11, it could slide further. Key support lies at:
$2.095, followed by
$2.08.
A break below $2.08 might lead to further losses, targeting $2.068 and possibly $2.042.
