#CryptoScamSurge drop in its value of 3.24%, reaching a price of 2.987 US dollars.
This drop is attributed to several factors, including recent political developments, such as Argentine President Javier Milei's announcement regarding a new cryptocurrency token that raised concerns about the possibility of it being a scam, leading to a decrease in investor confidence in the cryptocurrency market.
From a technical perspective, the price of XRP faces resistance at 2.50 dollars, with strong support at 2.36 dollars. The relative strength index (RSI) shows a neutral reading at 52, indicating a balance between buying and selling forces.
Looking ahead, some analyses predict that the price of XRP could reach 3.35 dollars in the near future, especially if the currency manages to break through the current resistance levels. However, these forecasts depend on several factors, including