🧨$XRP Ready to Explode? Price Coils Tight Before Major Breakout

Below $2.3350, XRP fell again. Recovering losses may push the price over $2.40.

Below $2.40, XRP fell again.

The price is between $2.350 and the 100-hour SMA.

On the hourly XRP/USD chart, a negative trend line connects to resistance around $2.3620.

If it remains below $2.420, the pair may fall again.

Unlike Bitcoin and Ethereum, XRP fell below $2.420. It fell below $2.40 and $2.3650. Price approached $2.3150.

Price has fallen to $2.3157 and is trying to rebound. Prices rose over $2.335 and $2.350. Price challenged the 50% Fib retracement level of the dip from $2.4068 swing high to $2.3157 high.

However, the price confronts challenges at $2.3650. On the hourly XRP/USD chart, a negative trend line connects to resistance around $2.3620.