Ethereum’s price has surged past a crucial resistance level of $2.20, signaling a powerful bullish momentum. Analysts attribute this breakout to the expansion of DeFi applications and increasing institutional investment. The price action suggests a shift from accumulation to active growth with strong volume behind the move. Supporting evidence comes from the 4-hour chart, which shows XRP retesting and breaking above $2.20 on a strong trading basis. Further confirmation can be found in the expanding upper Bollinger Bands on the 1-Hour Chart indicating growing upside volatility. A slight pullback to around $2.20–$2.18 is likely before a continued upward trajectory. The 15-minute chart shows a potential bullish flag formation, followed by tightening Bollinger Bands which often precede breakout events. A move above this level could push XRP toward $2.25 and $2.35. While below $2.18 signals a possible pullback towards $2.15.