The Ripple token (XRP) is currently trading around $2.15, showing a potential rebound after approaching the crucial support level of $2.00. The chart indicates three attempts in the past two weeks to break below this critical threshold, but each dip has formed a bullish reversal pattern. This consistent bounce suggests strong buying activity near $2.00, making it an important area to monitor. 🕵️♀️ XRP/USD price action on a 2-hour chart shows XRP forming a triple bottom formation within the $2.10-$2.00 range, which often signifies trend reversal zones. These formations are frequently accompanied by oversold indicators like the Relative Strength Index (RSI), currently hovering around 34.65 after dipping below 30, indicating that bullish momentum is emerging from oversold conditions. 📈