Yigit Taha OZTURK 
XRP has been drawing attention with its recent price movements and is currently trading at critical levels. After its recent rise, it faced rejection from a downward FVG area, leading to a significant pullback. This decline found support at the $2 level, where investors have started buying. So, is a sustained recovery possible at this level, or is a new downtrend coming?
Recently, after the buying pressure from the $2 support, XRP rose to the $2.11 level. However, the direction in which XRP will move from here depends on a few critical resistance and support levels. If the $2.78 level is breached, the price could potentially rise further. Meanwhile, the downward FVG area will act as the next resistance point.
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On the other hand, if the $2 support is lost, XRP might head toward new support levels. In this case, the upward FVG area would emerge as the closest support zone where the price could potentially bounce back.
The most important levels for investors to watch will be the $2 support and $2.78 resistance. Price movements around these levels could be decisive for short-term strategies and buy/sell decisions.
These critical levels and possible price movements in XRP can significantly influence investor decisions. By correctly analyzing the market dynamics, there will be opportunities for short-term gains.
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