Currently, Ripple$XRP is trading around $3.01 after losing support at $3.07. The decline is associated with a lack of bullish momentum and an overall negative situation in the market. Without a clear catalyst, XRP may continue to consolidate while the market awaits stronger buying signals.

In the coming days, XRP may test support at $2.91, which could potentially become the lowest point in 2 weeks. A drop below this level is unlikely, and this range may serve as a temporary consolidation zone. As long as the price remains in this range, the market will be waiting for a clearer direction.

If XRP recovers above the support level of $3.12, it may make up for recent losses. This will be possible with active accumulation by investors and sustained optimism about price growth. Only in this case will Ripple be able to target higher levels.

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