XRP is currently trading around $2.75 after experiencing intraday fluctuations. Analyst Ali Martinez noted a critical support level at $2.77, emphasizing that failing to hold this level could lead to a drop to $2.40. Conversely, if XRP holds steady above $2.70 and breaks through $2.90, there is potential for a rally towards $3.70. The recent price action reflects a tug-of-war between buyers defending the $2.70 area and sellers limiting gains above $2.80, indicating both bullish and bearish pressures. Trading volumes have surged as XRP attempts to rise, showcasing resistance from sellers who are hesitant to allow further increases. Ultimately, XRP's trajectory will depend on its ability to maintain support and break resistance, setting the stage for possible upward momentum.

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