Ripple's XRP has slipped to fourth position in the cryptocurrency market after losing almost three percent of its gains in the last 24 hours. The price is currently struggling to stay above $2.30, and if it breaks below key support levels, particularly $2.24, it may indicate a change in market structure. The current price range has experienced different phases, including an automatic rally, secondary tests, and now a spring phase, suggesting that XRP is aiming for a breakout. While the breakout may take some time, the accumulation phase that began in December is nearing its conclusion, and the next move seems to be to the upside. Traders should monitor support levels, and a breakout above the 50% Fibonacci level at $2.35 would signal the end of the downside and potentially mark the start of an upward movement. The market is waiting for a catalyst or flush to trigger the next upward movement.



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