As of the time of writing this publication, XRP was trading at $2.57 with high trading volumes. The currency increased by 3.71% over 24 hours and by 15.81% over the week.

If the breakout continues, XRP may test resistance levels between $2.80 and $3.00. A likely pullback to around $2.40 is expected before further upward movement. Inability to hold above $2.40 may lead to a retracement to the $2.04 level.

Market sentiment remains cautious, with investors awaiting confirmation from these levels to maintain positive movements. Such a stance may contribute to further positive developments in the case of progressive breakouts of resistance levels.

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