XRP Bulls Struggle To Break Key Resistance At $2.2546: What’s Next?

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XRP bulls are making a strong push, but the $2.2546 resistance level is proving to be a tough barrier. After a steady upward climb, buying momentumhas weakened as sellers step in to defend this key level. A successful breakout could signal a continuation of the uptrend, driving XRP toward new highs and reinforcing positive sentiment in the market.

However, if buyers fail to overcome this hurdle, XRP may face a pullback, with traders eyeing lower support levelsfor stability. Market participants are closely monitoring whether the bullish momentum is strong enough to push past the resistance or if selling pressure will force a temporary retreat. Market Sentiment And XRP’s Resistance Struggle

Market sentiment remains a key factor in XRP’s ongoing battle against the $2.2546 resistance level. While bulls try to drive the price higher, the lack of strong follow-through suggests lingering uncertainty among traders. The resistance level has become a critical test, with buyers needing to sustain momentum to confirm a breakout. Related Reading XRP Faces Bearish MVRV Crossover—Price Plunge To Continue? 22 hours ago

Broader market conditions, including Bitcoin’s movement and overall investor confidence, are influencing XRP’s price action. A surge in trading volume and renewed buying pressure could provide the necessary strength for a breakout. However, if sellers continue to defend this level, XRP may struggle to gain further ground, leading to potential profit-taking and a short-term pullback. Resistance halt XRP’s uptrend | Source: XRPUSDT on Tradingview.com

Furthermore, after crossing above the 50% mark, the RSI is now dipping below it, creating uncertainty among traders. This shift reflects a tug-of-war between buyers and sellers, leaving XRP in a state of marketindecision. Without a clear directional push, price movement could remain volatile as traders await stronger signals for the next move.

For the bulls to regain control, market sentiment must shift decisively in their favor, with technical indicatorsaligning to support an upward push. Until then, XRP remains at a crossroads, with both breakout and rejection scenarios still in play. Breakout Potential: What Needs To Happen?

For XRP to break above the $2.2546 resistance level, bullsmust generate strong momentum backed by increasing buying pressure. A sustained push beyond this critical level, confirmed by a decisive daily close, might set the stage for further gains.  Its ability to stabilize above $2.2546  may attract more traders looking to ride the breakout, potentially driving the price toward higher targetssuch as $2.6482 and $2.9272. Related Reading XRP Faces Make-Or-Break Moment Amid Bearish Threat 6 days ago

Also, XRP’s price must break above the 100-day SMA, and the RSI needs to rise above the 60% threshold. Breaking above these levels could pave the way for more growth, while failure to do so may leave XRP vulnerable to consolidation or a pullback. XRP trading at $2.3 on the 1D chart | Source: XRPUSDT onTradingview.com Featured image from Pexels, chart from Tradingview.com