The XRP price attempted to break the $2.50 resistance level but was unsuccessful and has since corrected. The price is currently consolidating and looking to make a new move above the $2.40 resistance. There was a slight drop below support levels, but losses were smaller compared to Bitcoin and Ethereum. The price is now trading below the 100-hourly Simple Moving Average and might face resistance around the $2.365 level. If the price fails to break the resistance zone, it could start declining again, with initial support around $2.30. The next major support levels are at $2.250 and $2.20. Technical indicators suggest a bearish trend for XRP/USD.



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