XRP Breaks Sell Wall, Targets $2.20

XRP has surged 9% on its daily chart, pushing it into a key resistance area that investor and data analyst CW has been tracking.

CW's analysis, posted alongside a TradingView daily chart, shows XRP breaking through the sell wall.

The chart uses order block indicators to map areas of significant buying and selling pressure. CW identifies three sell-side order blocks above the current price, including one at $1.47 to $1.55 with a volume of 107.69 million and a strength rating of 0.68x.

If XRP breaks through this resistance zone, there is no other significant barrier until around $2.20, according to CW's analysis.