CoinStats reports that the recent market correction has been short-lived. The XRP/USD price is currently up by 1.08% over the past day. Looking at the hourly chart, the rate of XRP is breaking through its local support level at $2.3189. If this mark is closed below, a further drop may test the $2.30-$2.31 zone in the coming days. On the longer timeframe, XRP has bounced off resistance at $2.36. If this bar closes around current levels or lower, the correction might lead to testing of support within the next few days. For a mid-term outlook, focus on the closing of the weekly candle on the $2.2984 level. If it breaks out, the momentum may suggest a continued decline towards the $2.20 range in the coming weeks.