Positive factors:
Legal clarity after the court's statement that XRP is more likely not a security has strengthened the confidence of institutional participants.
Increased interest from investors and an overall positive market environment.
Limitations for upward movement:
Psychological levels like $2.30–2.40 may act as important resistance levels.
A target level of $2.50 is already a more aggressive target and will require confirmation of the signal from volumes and technical indicators.
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📊 What to watch to catch movement above?
1. Volumes — stable volume growth during upward movement will be key confirmation of trend strength.
2. MACD/RSI — look for RSI to rise above 60–70 and MACD crossing the signal line to see momentum for growth.
3. EMA — strengthening above EMA(25) and EMA(99) on the daily or 4-hour chart will support the scenario of aggressive growth.
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🛠️ Likely scenario
Valuable observation What is happening What is important
Price is held above $2.30–2.40 with increasing volumes Possible retest of levels Monitoring MACD/RSI
Stabilization and breakthrough above $2.40 with volume confirmation Target becomes $2.50 Increase target profit zone
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✅ Conclusion
With the current price at $2.24, the level of $2.50 is quite far.
To achieve this goal, a confident strengthening above $2.30–2.40 with good volume dynamics and technical indicators will be required.
Watch the reaction at these levels and ensure the strength of confirming signals before counting on significant growth.
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