$XRP is showing tentative signs of a short-term rebound, trading at $2.459 after a 2.62% 24-hour gain.
However, it remains firmly within a long-term downtrend, constrained by a clear resistance level near $2.48.
The price is consolidating after a significant decline, with $2.358 now acting as critical support.
A break above $2.48 is needed to suggest a reversal, while a drop below $2.358 would signal a continuation of the bearish trend.
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