The article discusses the recent market activity and technical signals for Ripple (XRP). XRP has been trading sideways with minimal volatility near the $3.2 level. However, there are emerging technical signals suggesting a potential correction may be on the horizon. The article mentions that XRP is approaching a crucial resistance level at $3.2, which has historically posed challenges for buyers. There is also an ascending wedge pattern forming, which could indicate a bearish reversal if the lower boundary is breached. Additionally, a bearish divergence between the price and the RSI indicator suggests fading bullish momentum. If XRP breaks below the wedge's lower boundary, a deeper correction towards the $2.5 support zone could occur. However, buyers may step in at the 0.5-0.618 Fibonacci retracement zone to defend the price in the mid-term. Overall, there is uncertainty about the future direction of XRP, with a potential retracement before another attempt at higher prices.



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