XRP price has increased by 2% on May 7, supported by optimism around US-China trade talks. Key support levels are crucial for sustaining this recovery, with analysts suggesting XRP must hold above $2.08 to maintain a bullish outlook. Whale accumulation indicates strength in XRP, as large holders have increased their positions, reducing selling pressure. The price needs to stay above $1.83 to continue its upward trajectory. Analysts highlight that failure to maintain these levels could lead to declines. Currently, XRP is trading above $2.00, showing resilience but facing challenges, including a drop in trading volume. The sentiment remains bullish as long as XRP stays above critical support, with chances of revisiting all-time highs if positive momentum continues. Investors are advised to conduct their own research before making decisions in this volatile market.

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