XRP’s inclusion in the crypto strategic reserve is looked at as a monumental step that could bolster the strength of the platform. With this, the price of XRP triggered a massive upswing and cleared a couple of resistance zones at $2.27 and $2.89. However, the bears seem to have capitulated the zones around $3, which triggered a rejection and the confirmation of tariffs on Canada & Mexico dragged the levels by more than 20%.
Currently, the bulls are trying hard to elevate the levels above the previous day’s close, but the bears are offering significant pressure, keeping the price restricted below $2.35. So what’s next? Will the XRP price lose the pivotal support at $2 or reclaim the lost dominance and achieve immediate resistance?
The price had broken above the lower highs and lows but after the rejection, the token seemed to have entered within the same pattern. The bears seem to have held a tight grip over the rally, which suggests flashing bearish signals for the crypto. Besides, an entry into the demand zone is expected to attract significant liquidity, which is much required to push the price beyond $2.8. However, the technicals have turn
