XRP's Big Comeback? Potentially Pulling Back to $2.05, But Could Reach $11 in the Future!

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Analyst Ali Martinez points out that XRP may pull back to $2.05 in the near future, but that might not necessarily be a bad thing. After the U.S. elections, XRP surged to nearly $3, but by early December, momentum weakened, and the price dropped several times. Recently, XRP fell below $2, but the rebound has been strong, rising over 20%, with the current price around $2.45, reestablishing itself as the third-largest cryptocurrency by market cap.

Martinez states that XRP currently faces strong resistance at $2.73; if it can't break through, it may pull back to $2.05. However, he believes that this pullback could actually present an opportunity for XRP to rise, potentially targeting $3.4 or even higher, with the possibility of surpassing the historical high of $11. Although the $11 prediction seems extremely optimistic, if the Trump administration supports cryptocurrencies, this goal is not entirely impossible.

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