The XRP price has experienced a significant increase, surpassing resistance levels at $2.32 and $2.40. It even briefly spiked above $2.45 before encountering resistance. Currently, the price is consolidating its gains and trading above $2.350 and the 100-hourly Simple Moving Average. A bullish flag pattern is forming on the hourly chart, with resistance at $2.40. The next major resistance levels are at $2.450, $2.50, and potentially even higher at $2.550, $2.650, and $2.720. However, a failure to break the $2.45 resistance zone could lead to a downside movement, with initial support at $2.30 and major support near $2.260 and $2.120. Technical indicators such as the MACD and RSI are showing bullish signs.



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