XRP is currently experiencing a local pullback within a broader corrective phase, but it is showing resilience in the face of the market correction. A triangle pattern that has been in play since December 3 is nearing completion, potentially triggering a price move. The next move could be either to the upside or the downside. Key support and invalidation levels are between $2.29 and $2.23, and if XRP breaks below $2.29, it could test the key invalidation level at $1.96. XRP is currently trading at $2.33 and is up by more than two percent in the last 24 hours. Various Fibonacci levels between $2.23 and $2.24 are important to watch, as they could indicate a potential bounce or further decline. For an upside breakout, XRP needs to break above the green line at $2.50 and then surpass the high of the D-wave for full confirmation.



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