Ripple's XRP has found support at the 100-day moving average, leading to a modest bullish rebound in the crypto market.
Price is currently trapped between the 100-day and 200-day moving averages, with a decisive breakout necessary for a significant rally.
XRP faces resistance at $2.4 with a support zone around $2, requiring a clear breakout for the next directional move.
Short-term outlook suggests a potential retest of the $2.4 resistance level, followed by consolidation and a possible move towards $2.8 if demand strengthens.