Ripple (XRP) failed to break the $2.20 resistance and entered a downtrend, dropping to $2.02. Currently, it has returned to the $2.10 range, showing signs of a new uptrend. During this uptrend correction, Ripple crossed $2.05 and approached the $2.10 resistance. However, a descending trend line formed in this range, acting as a barrier to further growth. Moreover, the price is below the 100-hour simple moving average, indicating selling pressure. If XRP can surpass this resistance, the next significant barrier will be at $2.15, followed by $2.168 and $2.20. Breaking above these levels could pave the way towards $2.25 or even $2.288 in the short term. However, failing to pass $2.15 might lead to a further decline. The first support in the downward path is at $2.05, followed by $2.02 and $2. If Ripple drops below $2, a more severe downtrend to $1.88 could occur. Overall, XRP is at a critical point, and its next move depends on its ability to break key resistances.
