⬤ XRP rose step by step during the week and now faces a heavy ceiling close to $2.22. The coin left behind a months long flat range plus is now revisiting prices that used to act as firm lids. Once it cleared $1.21 and later $1.54, it printed a string of higher lows that paved the way for the present push.
⬤ At the moment XRP changes hands near $2.15 but also edges toward the $2.22 barrier. A break would point to $2.40 next, a level where a Fibonacci retracement meets an old platform. A daily close above $2.40 followed by a move past $2.50 would signal that a broader upward leg is underway. One observer wrote: “A close above this price releases the path toward the $2.40 area, which matches a clear Fibonacci cluster.”
⬤ The chart shows room for a further lift toward $2.85 if momentum holds and volume keeps rising. Such a climb would mark a genuine switch from sideways drift to outright acceleration. If XRP instead stalls or gets turned back at those ceilings, it risks remaining inside the present bracket. The way price behaves between $2.22 as well as $2.40 during the coming sessions will decide whether bulls seize control or another stretch of consolidation follows.
Usman Salis
Usman Salis