The article discusses the recent price movement and analysis of XRP. Initially, XRP seemed to be heading towards a price collapse with the formation of a head and shoulders pattern. However, buyers stepped in and the price recovered, staying above the critical level of $2. Now, XRP is trading at $2.20, with the potential to push higher if support continues to hold. The next resistance zone is between $2.39 and $2.58. Additionally, Franklin Templeton filed for an XRP ETF, which could boost sentiment. However, the SEC delayed decisions on ETF applications, including XRP's, until at least April 2025. While buyers are currently in control, the 200-day moving average at $1.63 could act as a magnet and another dip in price is possible if bullish momentum fades.



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