Ripple's XRP has experienced a decline of over 18% and is currently trading at $2.30. This drop comes as the broader market sentiment turns negative after a recent rally that saw Bitcoin reach $95k. Analysts suggest that XRP is closely following the trends of Bitcoin and the overall stock market. XRP recently faced a pullback after briefly breaking above the resistance zone between $2.65 and $2.80, and is now trading below this level. The next important support zone for XRP is between $2.25 and $2.30, and a bounce in this range could lead to a short-term recovery. However, if XRP breaks below $2.25, further decline towards $2 or even $1.95-$2.05 is likely. Despite the current bearish divergence, XRP has shown higher highs in both price and RSI, indicating a potential shift to a more bullish market structure. The future movement of XRP is expected to be influenced by Bitcoin's performance, and it is likely to consolidate in the short term before a bigger move. XRP has recently shown oversold and overbought signals, suggesting a possible pullback in price, but the RSI is resetting to more neutral levels, indicating a pause in the bearish action.



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