XRP has experienced four consecutive days of losses and has reached a crucial support level at $2.17. However, there are signs that the downward trend may be slowing down, suggesting a potential change in market sentiment. Despite the recent drop, XRP is still in a favorable position overall due to its strong upward trend in recent months. Traders are closely monitoring XRP's price action and there are three possible scenarios: a bounce from the $2.17 support level leading to a recovery rally, a sideways consolidation period between $2.17 and $2.40 if buyers enter the market slowly, or a complete loss of the $2.17 level which could push XRP down to the historically high support of $1.63. Although XRP has been struggling, the slowdown in the downtrend is seen as a positive development. The upcoming trading sessions will be crucial in determining the future direction of XRP.



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