Ripple's XRP has fallen over 1%, currently trading at $2.30. While short-term price fluctuations may occur, the overall trend suggests that a significant rise is not expected at this time. Nevertheless, short-term bullish action may still happen, although the overall trend remains sluggish.

In the past few days, XRP's price movement has been positive. On the 8-hour chart, the price recently broke through the short-term resistance zone between $2.25 and $2.30. After the breakout, XRP successfully retested this level and turned it into a support level. According to Crypto World analyst Josh, this technical pattern is a positive signal, as turning resistance into support usually indicates a bullish price trend.

In the short term, this suggests a good outlook for XRP, with the next major resistance level expected between $2.65 and $2.80. However, before reaching these higher levels, resistance around $2.50 also needs to be overcome. #你看好哪一个山寨币ETF将通过？