Cryptocurrency analytics firm MakroVision has updated its assessment of XRP, noting that the cryptocurrency is facing renewed downward pressure after failing to break through a key resistance level. The firm highlights the $2.48 support area as a critical level to watch for traders, as a further drop could be imminent. The recent breakdown of a short-term triangle pattern reinforces a bearish scenario unless a swift recovery occurs. The current price of XRP is $2.48.



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