$XRP W recently, the $XRP/USDT currency pair has once again attracted the attention of investors. XRP, as one of the veterans of the crypto market, shows signs of a potential rebound. Despite the overall weakening of altcoins, the trading volume of XRP remains stable. Analyzing the chart in the daily interval, one can notice a formation resembling an inverted head and shoulders, which may signal a potential breakout upwards. The RSI is approaching the oversold level, which also supports the bullish narrative. If the price remains above the support level of 0.43 USDT, a move towards 0.50 is possible. It is worth monitoring the behavior of this pair in the coming hours, as the breakout may be sharp and dynamic.
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