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Ripple's XRP is currently down more than 2% and trading below the $2.40 level. For XRP to sustain its upward momentum, it must hold above the current support level, especially the $2.29 mark. Keep in mind that XRP, like many major altcoins, often follows the price action of Bitcoin. If Bitcoin undergoes a short-term recovery, we may see similar movements in altcoins like XRP.