XRP Price Reaches $2.03 Support Level, Analyst Forecasts Bullish Increase

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XRP has recently hit a crucial support level at $2.03, leading to speculation of a forthcoming uptrend. A respected analyst has pointed out that this support touch has resulted in bullish divergences, indicating a potential price surge. With its current price at $2.05, XRP commands a market cap exceeding $125 billion and a trading volume nearing $3 billion over the past 24 hours.

The analyst foresees a movement towards $2.26, potentially breaking through $2.41 to validate a bullish trajectory. However, in the event that the price fails to sustain itself, a drop to $1.65 may be on the horizon.