XRP is struggling, with fewer new addresses being created and significant volatility hindering a clear trend. As it trades at 2.16 USD, it must break the resistance at 2.23 USD to push further. If it drops below the support at 2.13 USD, it could slide down to 2.08 USD.
The strong correlation with Bitcoin (0.86) indicates that Bitcoin’s upward trend could facilitate XRP’s recovery. Should Bitcoin exceed 110,000 USD, XRP may also rise, but any failure to maintain support could lead to a further decline.
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