<ul data-eligibleForWebStory="true">XRP price is showing signs of increasing buying pressure, indicating a potential rally.The altcoin needs to surpass the key resistance level at $2.40 to confirm an upward move.A crypto analyst highlights the importance of a breakout above $2.40 for sustained momentum.XRP is currently testing a long-term descending trendline, needing to flip $2.40 into support.The Relative Strength Index (RSI) shows balanced momentum with room for upside potential.Stochastic RSI is in overbought territory, suggesting a short-term cooldown may occur.XRP faces resistance at $2.40 and $2.60, with a breakout above $2.60 needed for a stronger bullish trend.Liquidity levels around XRP are significant, serving as resistance and attracting price action.Strong liquidity near XRP's current price level could impede upside movement if not surpassed.