The price of Ripple's XRP has dropped below $2.50 and is currently in the red zone. There is a short-term bounce happening from a support level between $2.25 and $2.30. If XRP breaks below this support level and closes below $2.25, the next key support level to watch will be between $1.95 and $2. On the other hand, there is resistance between $2.58 and $2.73 that the price must break through to continue its upward trend. If XRP closes above $2.73, the next resistance levels will be around $2.95, followed by $3.20 and $3.30 to $3.40. A larger bearish divergence is still in play, indicating potential downward pressure in the longer term, but there hasn't been any clear signal to invalidate this divergence yet. In the short term, the bearish divergence seems to be on pause and there is a bullish divergence forming on the 8-hour chart, which could lead to a slight bullish relief in the near future.



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