The price of XRP has declined by over six percent and has fallen below $3. However, there is optimism among analysts that XRP could enter another bullish phase. The current market structure suggests a potential breakout, with a critical support level at $2.76. If XRP fails to break above the resistance at $3.40, it could test lower support levels. Despite the uncertainty, market sentiment remains hopeful, with potential targets at $4.20 and $5 if bullish momentum continues. Traders are preparing for a possible breakout in the near future.



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