XRP Price Analysis

4. Potential Risks

Profit Taking:

Some investors may start taking profits at this price, which may lead to a slight price correction.

Potential Negative News:

Any negative developments regarding the SEC case or changes in the market may affect the upward momentum.

XRP Price Outlook

Short-term:

If XRP maintains its levels above $2.4, it is expected to test the $2.6 levels in the coming days.

Long-term:

If institutional partnerships continue and RippleNet technology is adopted, XRP may target new highs above $3.5 and possibly $4.

Conclusion

XRP price at $2.4 indicates a strong bullish phase, but it is necessary to follow the fundamental and technical developments. Investors are advised to manage their risks wisely and not to over-enter at high levels without studying the market.

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