XRP Price Targets Bounce; Traders Watch $2.30 Resistance Level

XRP's price has declined below $2.350, indicating a bearish trend. It's currently trading below $2.250 and the 100-hourly Simple Moving Average. A bearish trend line is forming with $2.250 resistance on the hourly chart. XRP dipped as low as $2.066 and is correcting some losses, but faces resistance around $2.250 and $2.30. Overcoming $2.365 resistance could lead to further gains, potentially reaching $2.420 or $2.450. Failure to breach $2.30 could trigger a fresh decline, with initial support at $2.180 and $2.150. A break below $2.150 might push the price towards $2.050 or even $1.850. The MACD is losing pace in the bearish zone, and the RSI is below 50. Key support levels are at $2.180 and $2.150, while major resistance lies at $2.250 and $2.30.