XRP is currently trading at $2.42 with a market valuation of $139 billion. The cryptocurrency has been experiencing volatility but has recently stabilized within a narrow price range. On the hourly chart, XRP is trading between resistance at $2.45–$2.50 and support at $2.30–$2.35. Traders are showing hesitancy as transactional activity is subdued. Breaking above $2.50 could lead to upward movement, while a dip below $2.30 could result in steeper declines. The four-hour timeframe shows XRP seeking equilibrium between $2.30 and $2.50 after a previous descent. Resistance is clustered at $2.60–$2.70. On the daily perspective, XRP is consolidating near $2.40 after a correction from a peak at $3.40. Foundational support is at $2.20–$2.40, and resistance is at $3.00. Momentum indicators offer mixed signals, with some leaning towards cautious optimism and others signaling downside potential. Short-term moving averages suggest a bearish outlook, while longer-term metrics indicate underlying strength. Despite short-term bearish pressure, XRP has the potential for a breakout above $2.50, with longer-term moving averages supporting the possibility of further bullish continuation. However, if support at $2.30 breaks, XRP could extend losses towards $2.20 or lower.



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