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#### First: Recent Price Movement
The price of XRP has risen significantly in the past few days, breaking the psychological resistance level at $2.95 and reaching its highest point during this period at $3.0412 at 8 AM on July 17, 2025. This reflects strong positive momentum.
#### Support and Resistance:
- Main support level: $2.9255 – which is the lowest price recorded before the recent rebound.
- Immediate resistance level: $3.0412 – which is the highest price in the last 4-hour candle.
- If the price breaks above $3.0412, the next resistance will be at $3.10.
#### Overall Trend:
- Current trend: Clearly bullish with trading continuing above moving averages.
- Momentum: Market indicators (such as trading volume) indicate increased interest from investors, supporting the upward trend.
#### What to Watch For:
- If the price maintains the $2.95 level as support, it is likely to continue the upward trend towards $3.10.
- However, if the price drops below $2.9255, it could lead to a short correction towards $2.87.
In summary, XRP shows a strong bullish trend on the 4-hour chart, with opportunities for further rise if it maintains momentum and key levels.
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