XRP Retests Breakout: Will It Bounce Back?

The cryptocurrency market experienced a significant downturn this week, with Ethereum facing a steep 8% drop to $2,500. Geopolitical tensions between Israel and Iran further fueled the volatility, impacting other altcoins. XRP is currently down over 4%, trading at $3.13 after being part of the pullback in the broader market weakness. However, the daily chart suggests this decline could be a classic technical retest following a bullish breakout.