🟩XRP is showing strong bullish momentum, trading around $2.19 after breaking through the key resistance level at $2.18. This breakout signals a potential market structure shift, supported by increasing volume, a bullish Change of Character (ChoCH), and a confirming candle on the 4-hour chart. The demand zone at $2.06–$2.09 acted as a launchpad for the move, with traders now eyeing the next resistance between $2.26 and $2.34.
🟩The bullish impulse is backed by Supertrend, MACD, and RSI indicators, as well as rising volatility according to the ATR. The price remains above the sessional VWAP and Ichimoku Cloud, reinforcing the short-term bullish outlook. If XRP holds above $2.26, the next target zone could be $2.34–$2.71. However, losing support at $2.14 could open the way back down to $2.06.