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XRP Faces Resistance and Potential Decline Amid Market Uncertainty
The price of XRP recently fell below $2, indicating a struggle to maintain momentum. The current market conditions present two potential scenarios for its price movement.
Potential Bullish Scenario
- XRP must break resistance at $2.12 and $2.18 to resume an uptrend.
- Buyers need to regain market control, shifting from the current seller's market.
- Turning resistances into support and breaking the descending trendline are crucial for recovery towards $2.35-$2.45.

Possible Bearish Outcome
- If XRP fails to reclaim $2.12-$2.18, the bears might gain control.
- A rejection in the S&D zone could see prices dropping back to $1.90-$1.92.
- This scenario indicates a shift in momentum towards a decline, leading to potential new cycle weakness.
