XRP Poised for a Breakout

🔵XRP’s price is consolidating around \$2.26, remaining within a symmetrical triangle — a structure that has been containing the asset since March. The approaching convergence of trendlines and a 165% surge in derivatives volume suggest preparation for a decisive move. The key resistance level lies at \$2.40, while support holds at \$2.18.

🔵Both technical and on-chain metrics show a bullish bias: the EMA ribbon is aligned positively, and the funding rate remains in positive territory. A breakout above \$2.40 could pave the way toward \$2.75 and beyond, while a drop below \$2.18 would increase bearish pressure.