XRP, the fifth-largest cryptocurrency, is trading at $2.41 as Bitcoin fluctuates near $96,000. The XRP price trend has seen a recent downturn, bringing it to a crucial support level and potentially signaling a bullish reversal. Technical indicators, such as the MACD and RSI, are suggesting a bullish comeback. Speculation in the derivatives market shows traders betting on XRP's price movement, with a growing willingness to hold long positions. Fibonacci levels indicate immediate resistance at $2.58 and suggest a potential 30% upside move. However, if key support levels are not held, XRP could experience deeper retracements and increased bearish dominance.



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