The cryptocurrency market is celebrating as Bitcoin reaches the $100,000 target, which is seen as a crucial milestone for the web3 industry. However, the altcoin market is yet to gain momentum. XRP, in particular, has seen a 10% drop and is on the verge of breaking below the $2.5 support level. The coin currently trades at $2.34 with a minor loss. The recent pullback in XRP's price is seen as a normal correction after a strong rally. Technical indicators suggest that the altcoin could find support at $2.36, and if the correction continues, it could drop to $1.98 or $1.71. However, a bullish chart pattern suggests that XRP could retest the $1.96 level as support before moving higher towards the $3.6 mark.
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