The XRP price has shown signs of renewed bullish momentum after experiencing a recent market downturn, according to CoinMarketCap. Data indicates a 2.43% increase in the past 24 hours. The hourly chart reveals that the XRP rate is currently closer to local support than resistance. If buyers fail to gain control before the end of the day, traders anticipate a breakout above $2.12, followed by a test of the $2.12 area. A bearish outlook can also be seen on the daily time frame, with potential for a support breakout following a close around current prices or below. This could lead to a test of the $2.10 area. Looking at the mid-term, neither side is dominant; however, traders should focus on the near zone of $2. If the bar closes below this level, the decline might continue towards support at $1.7711. XRP currently trades at $2.1263 as of press time. Read original article on UToday.