<ul><li>Ripple is currently trading in a tight range between $2.3 and $2.5, with a breakout anticipated to determine the next trend.</li><li>A bullish breakout above $2.5 could lead to a sustained rally towards the $3.1 resistance level.</li><li>On the 4-hour chart, XRP faced resistance at $2.7 and fell back into a wedge formation, indicating a potential bull trap.</li><li>The market is watching for a breakout from the $2.3-$2.5 range, with a bullish breakout likely to propel the price higher and a breakdown below $2.3 signaling a potential decline towards $2.</li></ul>

XRP Has to Break Out of This Range Before Challenging $3: Ripple Price Analysis

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