Within a 4-hour timeframe, Ripple has been fluctuating within the falling wedge pattern, which is typically associated with a bullish breakout.

The price is testing the lower boundary of the wedge pattern, approaching the key $2 support area, and an increase in buying activity is expected. This area is further reinforced by the 0.5 ($2) - 0.618 ($1.9) Fibonacci retracement levels, highlighting its importance as a strong support area.

From a medium-term perspective, it is expected that cryptocurrencies will maintain consolidation within the falling wedge while staying above these key Fibonacci levels. A bullish breakout above the upper boundary of the falling wedge may push the price towards the $3 resistance level, laying the foundation for further upside.

On the contrary, failing to hold the $2 support level may lead to a bearish breakthrough, potentially pushing the price towards the $1.5 threshold, representing the next key support level.