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is at a pivotal point, forming a bullish double bottom pattern. A breakout above $0.42 could lead to a price surge towards $0.60, indicating a potential trend reversal.
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๐คPro-crypto lawyer Bill Morgan remarked on recent activity, stating: ๐๏ธ โAll these spot ETFs, including XRP spot ETFs, being delayed until late October. Then you have Rippleโs application for a national bank charter that was filed on 2nd July 2025, which, according to the OCC manual, should generally be decided within 120 days, which means by the end of October. A lot could happen at once in October.โ๐ฐ #XRPRealityCheck Approval of XRP-spot ETFs and the OCC granting Ripple a US-chartered bank license could boost XRP and RLUSD adoption, potentially sending the token to record highs๐ถโ๐ซ๏ธ$XRP
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๐ถโ๐ซ๏ธ94% of XRP holders are in profit after a rally to $3, but on-chain data suggests a potential price drop of over 20% in the coming weeks.๐ฐ #XRPPredictions $XRP
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Recently, XRP briefly broke below this support level, triggering a fakeout before rebounding inside the pattern. The continued pressure from repeated tests of the lower trendline raises the risk of a breakout to the downside. $XRP If XRP fails to hold above the $3.05 support, a confirmed breakdown could push the price down to $2.39, representing a drop of about 23.5% from current levels. A sell-off triggered by such a breakdown could lead to further losses if broader market conditions remain unfavorable. #XRPRealityCheck
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ETH Rotation from BTC into altcoins could continue, potetially capping the tokenโs upside in the near term.๐๏ธ ๐ฌ Market intelligence platform Santiment shared Fear and Greed charts for BTC and ETH, stating:๐ฐ #BTCvsETH $BTC $ETH
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Fear and Greed trends, Santiment added: #fear&greed $ETH $BTC
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