XRP Price Could Regain Momentum—Is a Bullish Reversal in Sight?

XRP experienced a price surge, exceeding $2.12 resistance and currently consolidating above $2.10. Further gains depend on a sustained price above $2.1680. The increase followed a climb above $2.00 and $2.10, surpassing the 100-hourly Simple Moving Average. A bullish trend line supports the price at $2.120. A close above $2.1680 could extend gains, with resistance levels at $2.20, $2.240, and potentially $2.50. Failure to surpass $2.1680 might trigger a price decline. Support levels exist at $2.120 and $2.080, with a potential drop to $1.920 if support breaks. The MACD shows slowing bullish momentum, while the RSI remains above 50. Overall, XRP's price trajectory hinges on its ability to break key resistance levels.