The price of XRP is currently holding above $2.25 despite downward pressure on Bitcoin. It failed to break resistance levels at $2.40 and $2.45, resulting in a move below support levels at $2.32 and $2.25. The price is now consolidating and has cleared the 50% Fibonacci retracement level. It is trading below $2.3650 and the 100-hourly Simple Moving Average, facing resistance at the $2.380 level. If it can break the $2.400 resistance zone, it may continue to increase towards $2.50 and potentially even $2.720. However, if it fails to clear the resistance, it might start a decline with initial support at $2.32, followed by major support at $2.250 and $2.20. The technical indicators show the MACD losing pace in the bullish zone, while the RSI is above the 50 level.



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