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XRP could rally higher on steady capital inflow; check forecast

  • Ripple's XRP is down less than 1% in the last 24 hours but could rally higher soon, supported by growing institutional demand.
  • Institutional demand for XRP is rising, with $10.6 million in weekly inflows to XRP digital asset products.
  • XRP is consolidating as bulls defend the $2.2 support level, and analysts anticipate a potential breakout towards new highs.
  • Technical indicators are strong, indicating a bullish outlook for XRP, with key resistance levels at $2.33 and $2.47 to watch for potential rallies.

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