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Ripple Price Analysis: XRP Breaks Consolidation, Eyes Next Key Targets

  • Ripple has broken out of a descending wedge pattern, signaling a bullish shift in the market.
  • XRP faces notable resistance at $2.47 after breaking out at $2.36, leading to a period of potential consolidation.
  • On the 4-hour chart, Ripple has surged above the $2.3 resistance level with strong bullish momentum.
  • The price is approaching a key supply zone at $2.42 - $2.47, which will likely determine the next move for XRP.

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