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XRP Price Crash To $2 Marks End Of Bearish 2nd Wave – Factors To Drive Bullish 3rd Wave

  • The recent XRP crash to $2 marks the end of the bearish 2nd wave.
  • Factors that could drive the bullish 3rd wave include the launch of Ripple's RLUSD, Donald Trump's pro-crypto stance, appointment of pro-crypto Paul Atkins, potential drop of SEC's appeal against Ripple, and approval of XRP ETFs.
  • Analysis based on higher timeframes suggests a close above $1.99 would be a game-changer, XRP price is steadier with more stable growth now compared to the 2017 cycle, and there are bullish targets of 87 and 96 on the RSI.
  • The XRP price is currently around $2.36, up over 4% in the last 24 hours.

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