XRP Price Outlook: Potential Breakout or Bearish Pullback?

XRP price action has remained dynamic, displaying both bullish and bearish tendencies. Currently trading around $2.14 after a modest 1.42% rise in the last 24 hours, XRP is navigating an interesting market landscape of potential breakout points. Recent volatility saw over $1.12 billion in XRP tokens liquidated, triggering a sharp sell-off, highlighting the inherent price volatility of the cryptocurrency.