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XRP information
The provided text analyzes the cryptocurrency XRP and its price movements:
XRP has encountered micro-resistance, leading to a reassessment of its price across different timeframes.
Elliott Wave analysis suggests XRP is nearing the end of Circle Three, with a corrective Circle Four anticipated.
Key Fibonacci resistance levels for XRP are identified at $2.66, $3.25-$3.30, and $4.20.
Near-term projections indicate potential sideways movement, a gradual downward drift, or a triangle/C-wave formation, with a breakout required for significant upward momentum.
Resistance & Historical Highs: Key resistance is at $2.66, which was briefly surpassed, and a historically significant range correlated to all-time highs is between $3.25-$3.30.
Extension Level: A potential C-wave target is identified at the 1.00 Extension Level, which is $2.
Current Status: XRP is currently in a correction phase and is awaiting a clear breakout.
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