XRP has already broken below the first key resistance level of $2.109. Based on the current trend, it is very likely to test the support zone around $2.03 next. However, it is also important to note that this wave of decline may have already formed a larger-scale local top—if this hypothesis is correct, the subsequent rebound potential could be quite limited. We still need to keep an eye on whether it can hold the support near 2.03 to determine where the real turning point is.

XRP-2,42%
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