XRP Price Trades Sideways — Bulls Preparing for Next Push?

XRP's price experienced an upward trend, initiating a fresh increase from the $2.150 area. The price is now trading above both $2.150 and the 100-hourly Simple Moving Average. A bullish trend line is developing, providing support around $2.1320 on the hourly chart. Clearing the $2.220 resistance zone could propel further gains for the cryptocurrency. XRP has already surpassed previous resistance levels at $2.080, $2.120, and $2.180. Currently, the price is consolidating its gains, sitting above the 23.6% Fib retracement level. Potential resistance levels are near $2.220, $2.250, and further up at $2.320. Should the price fail to break the $2.220 resistance, a correction might occur, with initial support near $2.150. Technical indicators like the MACD and RSI are showing bullish momentum for XRP.