Will the price of XRP increase or decrease on 1/1/2025?

The price of XRP has remained relatively stable despite no major updates recently, but technical analysis shows a response at the lower boundary of a potential triangle pattern. Currently, XRP is up over five percent, trading at $2.12. The resistance level has been tested three times but has not yet confirmed a clear completion of the pattern. The current movement may be within a deeper wave of a larger Elliott Wave triangle. XRP appears to be forming wave 4, potentially following a triangle structure. Triangle patterns can be volatile and it's important to pay attention to key levels to monitor market fluctuations. Key support levels: $1.95 and $1.90. Resistance level: $2.42, which is significant as it aligns with the target of wave C. If XRP reaches around $2.42-$2.45, it may encounter strong resistance. The resistance level here could hinder the price from rising higher. A sharp downward move could reverse the outlook, directing attention down to the support level from $1.39 to $1.80.

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