XRP's Path to $2.60: Bulls' Breakout Trigger or Market Volatility
TL;DR Summary
XRP is approaching a critical resistance at $2.38 with increasing buy-side activity and improving on-chain valuation, suggesting a potential breakout towards $2.60. However, waning spot volume and dense short positions above $2.30 pose risks to sustained upward movement. A decisive break above resistance could trigger short liquidations and propel XRP higher, but failure to do so might lead to a pullback.
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