Analyst Eyes XRP Breakout With Resistance at $2.30 and Falling Inflows

• XRP is nearing the end of its consolidation phase, with a potential breakout on the horizon.
• Resistance levels at $2.22 and $2.30 are key points that could trigger a strong price surge.
• XRP’s 96% drop in exchange inflows signals reduced sell pressure and higher confidence.

XRP is now in the final stages of its consolidation phase and is expected to see an upward price movement in the near future. The analyst referred to this as the “Final Consolidation” of its monthly structure, which should culminate in a bullish breakout.

Analyst Dark Defender explained both the resistance and support levels, which are critical price levels that traders should monitor in the coming days.

The analysis reveals resistance levels at $2.22 and $2.30, which are crucial for XRP to overcome. If the token manages to break through these levels, it could experience a large upward movement.

On the other hand, XRP has support levels at $1.88 and $1.63, which may help shield it from further losses. These levels will serve as key indicators in determining the future fate of this token.

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