Ripple's XRP has experienced a significant 18% increase in the past week and is currently being traded at $2.75. Although it briefly hit a high of $2.80, it ultimately reversed back. The future price action of XRP will be influenced by key support and resistance levels. On the other hand, Bitcoin is currently trading below important resistance levels and has failed to establish a clear trend. It is currently valued at $96,500 and has experienced a decrease of over 2% in the past 24 hours. If XRP manages to break above the resistance levels of $2.79 to $2.80, it could potentially reach targets of $2.96 and $3.30. A strong breakout could even push the price further towards $4.19 or $5. However, until there is a clear breakout above the resistance levels, there is a possibility for further consolidation. Analysts are keeping their eyes on a breakout around the $2.80 level, with the ultimate target being the all-time high of $3.40. The price of XRP experienced a strong rally in November, surpassing the 2021 high of $1.96. After reaching a peak of $2.90 in early December, it entered a corrective sideways pattern. The market has been volatile, but the price found support around $1.95 in early February, which could be a key point for future price movements. The key support levels for XRP in the mid-term range from $1.96 to $2.35. Some experts believe that there may still be another dip into the support area before a major breakout.



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