XRP is currently trading at $2.18 and is holding support above the uptrend line at $2.15 and the 50-day exponential moving average (EMA). Bulls are in the driver’s seat and a breakout above $2.25 could pave the way for further gains. The key support is at $2.20 and resistance is at $2.25, followed by $2.35 and $2.47.
The relative strength index (RSI) remains neutral at 56.9, with room for upside. A close above $2.26 could target $2.47 in the short term, while a break below $2.10 would weaken the bullish structure.
XRP whales have been accumulating, driven by the recovery in sentiment following the recent suspension of tariffs by the United States. President Donald Trump announced a 90-day moratorium on new tariffs mid-last week, sparking a recovery in global markets, including cryptocurrencies.
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