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Daily Timeframe Says XRP Price Is On The Verge Of Breakout

  • XRP price is showing signs of a potential breakout, with key resistance levels being tested for a possible surge above $2.33.
  • Analyst Dark Defender points to a significant price shift on the daily chart, signaling a potential upward breakout for XRP.
  • The resistance level above $2.3, if breached with a daily close above $2.33, could invalidate the downtrend and lead to further upside.
  • XRP's 1-day price chart suggests a move towards a high of $3.39, a level not seen since the 2018 bull cycle, with a potential 61.43% surge.
  • Rising Relative Strength Index (RSI) and EMA signals support a bullish scenario for XRP, indicating momentum building in favor of buyers.
  • XRP's price action remains above key Exponential Moving Averages, hinting at a potential trend reversal favoring the bulls.

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