The cryptocurrency XRP is currently facing a decline of over 2% and has dropped over 7% in the last seven days. Despite this, XRP is still considered to be in a larger bull market. The current price is testing support levels between $2.33 and $2.40, and a bounce could occur from this range. However, if the price fails to hold above these levels, it may drop to the next support area between $2.00 and $2.23. If XRP manages to hold above $2.40, a break above $2.62 could lead to a rally towards $3.00 and potentially test all-time highs near $3.25. The analyst Josh of Crypto World suggests that if XRP closes below $2.40, it could signal a drop towards support levels around $1.90, but strong support is found around $2.00. While there are possible signs of a reversal, there is not enough confirmation for a solid bullish breakout.



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