XRP has established a strong demand support zone and is currently in a symmetrical triangle formation. The price has been consolidating between $1.90 and $2.50, with the lower trendline providing good support. Technical factors are mixed, with the RSI suggesting oversold territory. A breach of the $2.50 resistance could lead to more gains, while failure to remain above this level may result in a decline towards $1.50. Monitoring the breakout direction of the symmetrical triangle will be important in determining the next significant price movement for XRP.



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