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XRP in the Crosshairs of $6! RLUSD Surpasses $500M and Whale Accumulation Drives an Imminent Bullish Breakout
Traders of #xrp are showing massive optimism, with price targets aiming towards $6, while the stablecoin of #Ripple , #RLUSD , celebrates a significant milestone by exceeding $500 million in market capitalization in less than eight months since its launch. This double dose of news has ignited bullish alarms in the XRP community.
XRP remains firmly above a key support level at $2.34, and technical analysts are betting on an imminent breakout towards $2.65 in the coming weeks. This upward move would mark the breakout from a consolidation range that has been maintained since December 2024, a period characterized by steady accumulation despite declining retail interest.
Arthur Azizov, founder of B2 Ventures, expressed his confidence that XRP "will move towards a new local maximum around $2.65" if the token manages to stay above its current levels. In fact, Azizov goes further, pointing out that a clear breakout from this consolidation range could drive the token towards the $4-$6 zone
#Xrp🔥🔥 #XRPRealityCheck $XRP
Traders of #xrp are showing massive optimism, with price targets aiming towards $6, while the stablecoin of #Ripple , #RLUSD , celebrates a significant milestone by exceeding $500 million in market capitalization in less than eight months since its launch. This double dose of news has ignited bullish alarms in the XRP community.
XRP remains firmly above a key support level at $2.34, and technical analysts are betting on an imminent breakout towards $2.65 in the coming weeks. This upward move would mark the breakout from a consolidation range that has been maintained since December 2024, a period characterized by steady accumulation despite declining retail interest.
Arthur Azizov, founder of B2 Ventures, expressed his confidence that XRP "will move towards a new local maximum around $2.65" if the token manages to stay above its current levels. In fact, Azizov goes further, pointing out that a clear breakout from this consolidation range could drive the token towards the $4-$6 zone
#Xrp🔥🔥 #XRPRealityCheck $XRP
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