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XRP Bulls Struggle at $2.34, Eye Explosive Breakout Ahead

  • XRP is facing resistance at $2.34 and aims for breakout targets at $2.44 and $2.62.
  • Peter Brandt predicts a potential decline in XRP price to $1.07 based on a head and shoulders pattern.
  • Ripple price consolidates between $2.15–$2.31 with support levels at $2.15 and $1.95 being monitored.
  • XRP's price has been relatively stable recently, testing resistance at $2.34 and potentially forming an inverse head and shoulders pattern.

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