XRP Price Struggles Above $2.25 Resistance, Signals Mixed Momentum

XRP’s price recently fell below the crucial $2.25 resistance level, signaling a possible downturn after a brief rebound attempt. Currently trading below the 100-hour Simple Moving Average, XRP faces bearish trend line resistance around $2.225 on the hourly chart, hinting at continued short-term weakness. The price recovery above $2.28 was fleeting, mirroring similar moves in Bitcoin and Ethereum, with XRP struggling to maintain upward momentum. 
 The recent dip below a critical support level of around $2.12 saw XRP form a low near $2.105 before attempting another recovery wave. Despite crossing the 23.6% Fibonacci retracement from the $2.525 swing high to the $2.058 low, XRP is still challenged by resistance near $2.22 and the $2.25 pivot point.
 Surpassing $2.25 could unlock potential gains toward $2.30 and higher resistance levels of $2.32, $2.40, and possibly $2.50. However, failing to breach this level increases downside risks, with support levels holding around $2.15, $2.10, and ultimately near the $2.00 mark.
 Technical indicators suggest mixed signals for XRP in this phase. The MACD is showing weakening bearish momentum, while the Relative Strength Index remains above the mid-50 level, indicating a cautious outlook from traders. A decisive drop below $2.10 could see further declines toward $1.88, highlighting the importance of $2.10 as a critical support zone. 
 Despite a general market correction scenario across cryptocurrencies, XRP remains in a dynamic phase of resistance and support levels. With key cryptocurrency patterns showing similar results after failing to hold gains, XRP’s near-term direction could be influenced by its ability to overcome the $2.25 resistance level. Closely monitoring this crucial level alongside the $2.10 support will provide valuable insight for traders anticipating XRP’s next directional move.