XRP Downtrend Faces Resistance as Buyers Increase Activity

XRP is experiencing a long-standing downtrend, but recent market activity indicates a potential shift. Key observations include:

Upward movements are becoming more impulsive and defined, while downward momentum slows.
A breakout above the red trend line at $2.48 is crucial for unlocking bullish potential.
Resistance levels to monitor: $2.2 – $2.22 and the major $2.48 breakout level.
Support region around $1.95 – $1.88 aligns with Fibonacci retracements and recent reaction points.

XRP

The market shows a dual-track conflict: while the overall trend remains bearish, internal dynamics suggest growing bullish tendencies. The outcome depends on whether XRP can achieve a lasting breakout above critical resistance, potentially leading to rapid price increases. Failure to do so could see the price drop towards the significant $1.4 low.