#MarketRebound

XRP currency records gains of 2.4%, trading at $2.1995. The daily chart shows movement within a sideways range, with support at $2.07 and resistance at $2.25. XRP recently failed to break through the upper limit of the descending triangle pattern, which reinforces caution. The MACD indicator shows weak momentum, while the RSI at 60 supports relative stability. Forecasts indicate a potential breakout above $2.25 supported by institutional adoption. We recommend buying on a breakout at $2.25 with a target of $2.34 and a stop loss at $2.05. Keep an eye on regulatory developments for Ripple.