XRP attempted to break above $2.50, but like Bitcoin and Ethereum, it failed to sustain its momentum. The price quickly reversed and fell below $2.30, losing nearly 9%, while the overall market turned red.
Meanwhile, trader ChartNerd noted that XRP recently broke out of a descending triangle, losing support at $2.70 in late October. This move pushed the coin toward the $2.00–$2.20 support zone.
For XRP to recover, it needs to break above $2.40. Otherwise, the price could fall again, with key support levels at $1.80 and $1.50.
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