XRP: A History of Cycles and Breakouts

The XRP token has risen significantly in price, reaching a three-year high of $1.2654. Its upward trend aligns with historical patterns of consolidation followed by explosive rallies. Technical indicators like MACD and RSI support continued price gains, while futures open interest and spot trading volume are at their highest levels in over a year.

The XRP cryptocurrency is poised for further upward momentum, potentially reaching the critical $1.96 resistance level.

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