The XRP price has remained above the $2.40 zone and is currently consolidating. It has the potential for a fresh increase above the $2.60 level. The price recently increased above the $2.40 resistance zone and reached $2.64, but faced resistance at $2.65 and started a downside correction. The price is currently trading above $2.40 and the 100-hourly Simple Moving Average, with a key bullish trend line forming at $2.45. On the upside, there is resistance at $2.50, $2.55, and $2.65. Further gains could potentially send the price to $2.75, $2.85, or even $2.92. However, if the price fails to clear the $2.55 resistance zone, it may start another decline, with support levels at $2.45 and $2.40. A downside break below $2.40 could result in a further decline towards $2.28, with the next major support at $2.15. The technical indicators suggest a bearish trend, with the hourly MACD in the bearish zone and the hourly RSI below the 50 level.



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