The article discusses the current consolidation phase that XRP is experiencing, with the cryptocurrency trading between the range of $2.9 and $3.4. This indicates a struggle between bullish and bearish forces, with no clear direction for XRP's price movement. A breakout above $3.4 could signal renewed momentum and higher price targets, while a breakdown below $2.9 could invite stronger selling pressure. Technical indicators, such as the Relative Strength Index (RSI), suggest the possibility of a bearish breakout below the $2.9 support level. Traders are advised to closely monitor XRP's price action and volume to anticipate its next move. Maintaining the $2.9 support level is crucial for the bulls to prevent further declines and instill confidence in the market. A failure to hold this level could result in increased selling pressure and a drop towards $1.9.



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