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TronWeekly

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XRP Price Holds Strong as Bullish Pattern Gains Traction

  • XRP price remains strong above key support at $2.07 and exhibits a bullish double-bottom pattern signaling a potential breakout.
  • Analyst EGRAG highlights $2.30 as a crucial resistance level, with a close above it potentially propelling XRP towards $2.65-$3.00.
  • Support between $2.09-$2.14 and the 21-day EMA continue to strengthen the bullish case for XRP.
  • EGRAG anticipates a significant price rebound for XRP, emphasizing the importance of maintaining key support zones amidst the bullish setup.

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