According to CoinStats, the market has not yet found a local bottom, indicating that prices may continue to decrease. XRP has experienced a 5.77% drop in price over the last day. On the hourly chart, the rate of XRP is showing signs of increasing after a false breakout of the support level of $1.9828. If buyers' pressure continues, there may be a test of the resistance level soon. However, on a larger time frame, the price of XRP is far from significant levels, suggesting limited potential for significant movements in the near future. The most likely scenario is that XRP will continue trading in the range of $2-$2.30. Looking at the midterm, XRP is approaching the support level of $1.90, and if this level is broken, it may test the $1.50 mark. Currently, XRP is trading at $2.1069.



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