The price of Ripple's XRP has increased by over one percent and is currently trading at $2.28. It has maintained bullish momentum after retesting levels below $2. Other cryptocurrencies, including Bitcoin, are currently down, leading some traders to take advantage of the dip by buying more XRP. The price of XRP has been consolidating around the $2 range and may stay within this range for a while, which is positive for holders. The market has seen significant liquidations, with $680 million lost in the last 12 hours. XRP is currently trading between $1.96 and its all-time high of $3.30, and there is potential for an upside movement within this range. There are two possible Elliott Wave counts on the XRP chart, with one suggesting the top may be in place and a fifth wave completing the bullish cycle, while the other proposes a 4-5% upside movement before the cycle concludes. It is important for XRP to stay above $1.90 to validate the triangle scenario, but if it breaks below this level, a more direct correction is expected. Flexibility is key regarding the exact market structure.



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