XRP's Price Poised for Breakdown Below $2.40

XRP's price has been under scrutiny as market participants wonder if a breakdown below $2.40 is imminent. The cryptocurrency has been trading in a tight range recently, with support at $2.30 and resistance at $2.50. However, the recent price action suggests that XRP may be poised for a move lower.

Analysts have been closely watching XRP's price action, with some suggesting that a breakdown below $2.40 could be on the horizon. The cryptocurrency has been trading in a tight range recently, with support at $2.30 and resistance at $2.50. However, the recent price action suggests that XRP may be poised for a move lower.

XRP's price has been under pressure in recent weeks, with the cryptocurrency struggling to break above the $2.50 resistance level. The recent price action suggests that XRP may be poised for a move lower, with a breakdown below $2.40 a possibility. However, it is important to note that the cryptocurrency has been trading in a tight range recently, with support at $2.30 and resistance at $2.50.

Analysts have been closely watching XRP's price action, with some suggesting that a breakdown below $2.40 could be on the horizon. The cryptocurrency has been trading in a tight range recently, with support at $2.30 and resistance at $2.50. However, the recent price action suggests that XRP may be poised for a move lower. If XRP breaks below $2.40, it could signal a deeper correction in the cryptocurrency's price.

XRP's price has been under pressure in recent weeks, with the cryptocurrency struggling to break above the $2.50 resistance level. The recent price action suggests that XRP may be poised for a move lower, with a breakdown below $2.40 a possibility. However, it is important to note that the cryptocurrency has been trading in a tight range recently, with support at $2.30 and resistance at $2.50. If XRP breaks below $2.40, it could signal a deeper correction in the cryptocurrency's price.