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XRP Poised for Breakout to $2.65 After Ripple License News

  • XRP is showing strong growth and leading gains with a market cap of $132 billion, supported by a bullish setup.
  • Ripple’s pursuit of a U.S. banking license has created optimism, potentially allowing regulated banking services and expanding Ripple’s role in the financial infrastructure.
  • The technical analysis indicates a bullish breakout for XRP, with an inverse head-and-shoulders pattern suggesting a potential 15% rise to $2.65 if key resistance levels are breached.
  • XRP's currents price point at $2.23 shows promise for further uptrend, despite a temporary decrease in trading volume. The market remains positive towards XRP's growth amid Ripple's strategic moves.

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