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XRP Price Enters Accumulation Phase – Why $2.08 Must Hold Or Risk A Crash

  • XRP price is currently in an accumulation phase, which could lead to either bullish or bearish outcomes depending on its duration.
  • The current accumulation trend started in May and has similarities to a previous pattern seen in 2024, hinting at a potential massive breakout.
  • Investors are advised to exercise patience and wait for a clear breakout above the upper range boundary at $3 before taking action.
  • For bulls, it is crucial to hold the level of $2.08 to avoid a major price crash, while breaking the resistance at $2.21 could spark renewed bullish momentum.

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