XRP strengthens uptrend after breaking key $2.1 resistance

XRP is strengthening its upward trend after breaking through the key resistance level of $2.1, according to an analysis by CoinDesk. The media outlet noted a recent surge in activity on the XRP Ledger network and a sustained increase in accumulation by large-scale investors. The move above $2.1 completes a multi-day consolidation pattern, with a near doubling of the 24-hour average trading volume suggesting institutional rather than retail investor inflow. CoinDesk explained that XRP is now at the top of a bullish structure with potential for further gains, adding that the Stochastic RSI indicator shows a pattern similar to those seen before previous major rallies. A clear break above the $2.18 resistance zone could lead to a further rise to the $2.33-$2.4 range, while the $2 level is expected to act as structural support.