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XRP price ready for a breakout? Rumors of Fed takeover boost investors Recent speculation within the XRP community regarding the potential adoption of XRP by the U.S. Federal Reserve for global transactions, possibly integrating it into the ISO 4217 currency standard. These unverified rumors originated from a social media post by the user "25hoursawake," who suggested that XRP could be officially recognized by the Fed and even projected an ambitious price target of $10,000 per token.Coin Edition While these claims have generated excitement among some investors, many experts and community members remain skeptical. Critics highlight that ISO 4217 codes are typically reserved for fiat currencies and that the current U.S. regulatory environment makes such official recognition unlikely. Market analysts also consider the $10,000 price prediction to be unrealistic, noting that it would require an implausibly high market capitalization for XRP. Despite the lack of official confirmation, the speculation has sparked discussions in the crypto community and has led to increased interest in XRP. Some investors are hopeful that these rumors could lead to a significant price breakout, although caution is advised given the unverified nature of the claims. XRP: Price analysis Technically, XRP has shown some resilience despite the continued decline in the Bitcoin market. The token has recently failed to break above its 30-day moving average at $2.17, leaving it trapped between this resistance and its 200-day moving average at $1.91.Support levels around $2.05 and $2.00 have so far prevented a sharper decline, but a break below these zones could trigger further downside. On the upside, renewed buying pressure has helped XRP rise 0.9% in the last hour, signaling a possible recovery. If the momentum continues, XRP could target $2.35 and $2.45 in the near term, provided it manages to break through $2.17 convincingly. #Write2Earn

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