The price of Ripple (XRP)
The price of Ripple (XRP) is currently trading within a range of $1.8 to $3, experiencing consolidation after facing rejection at the $3 resistance level. The cryptocurrency has been fluctuating within this range due to increased volatility following the rejection. Recent price action suggests that a breakout from this range is necessary to determine the next significant trend for XRP.
If the price breaks above the resistance level, it may signal a bullish uptrend, while a break below the support level may indicate a bearish downtrend.
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