The price of Ripple's XRP has dropped by more than two percent and is currently below the crucial $2.40 level. To maintain its upward momentum, XRP must stay above support levels, especially the $2.29 mark. XRP often follows Bitcoin's price movements, so if Bitcoin bounces back, we may see similar movements in XRP. There is a possibility of a pullback or minor slowdown ahead, indicated by a bearish divergence, but it may not lead to a significant drop. XRP is nearing resistance at $2.50, suggesting it is not the best time to open new long positions. It might be wise to take profits from existing positions. Various support and resistance levels are encountered, and there is some stalling observed in moving averages and stochastic levels.



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