<ul><li>Ripple's XRP has encountered strong resistance at $2.4, signaling a potential cooling-off phase in the market.</li><li>The $2.4 level aligns with the upper boundary of a descending wedge pattern, indicating a robust supply region that buyers are struggling to overcome.</li><li>Technical indicators point towards a short-term consolidation phase below $2.4, allowing the market to digest gains before attempting another breakout.</li><li>On the 4-hour chart, XRP has shown signs of trend exhaustion and potential retracement towards the $2 psychological level if buyer demand does not strengthen.</li></ul>

Ripple Price Analysis: XRP Hits Key Resistance at $2.4 – Is a Drop to $2 Next?

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