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XRP Coiling Like a Spring, Next Move Could “Melt Faces”: Market Expert

  • Market analyst suggests that XRP is coiling like a spring, indicating a potential face-melting breakout in the future.
  • XRP has been consolidating within a descending channel around the $2 mark since mid-May.
  • Previous patterns and history suggest that XRP could experience a significant rally after a period of consolidation.
  • The analyst anticipates an imminent breakout towards the $2.8 region, with a potential target of $27 in the future.

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