$XRP

XRP is currently trading around $2.28, showing strong consolidation after a solid Q2 rally. With Ripple pushing for a U.S. banking license and CBDC partnerships, investor confidence is rising. Technically, XRP is forming a falling wedge, hinting at a breakout toward $2.90+. Whales have accumulated over 600 million XRP, indicating long-term bullish sentiment. However, overbought indicators suggest a possible short-term correction to $2.00. If $XRP breaks above $2.30, we could see a powerful move. For traders, risk management is key, as macroeconomic and regulatory factors can still impact momentum.

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