Assessment of Ripple's Value: Could XRP Be Gearing Up for Another Increase Following a 12% Daily Rise?

Ripple's token, XRP, is trying to bounce back from its recent low values, after weeks of containment in a downward wedge. The market is currently facing major resistance, and a breakout could signify a temporary structural shift. After bouncing back from the $2.1-$2.2 demand zone, the price has regained traction towards $2.5, close to the 200-day moving average, signifying a key resistance cluster. A daily closure above $2.6 might confirm a potential breakout, favoring buyers, and possibly leading to the $2.8-$3.1 macro supply range. However, failing to break this level could force XRP back into its mid-term descending pattern. The 4-hour chart shows a clean bullish divergence on RSI during its sweep below $2.2, suggesting selling pressure is waning. How XRP reacts around the $2.5 pivot will determine the confirmation of a breakout-retest setup.