đ XRP Hits $2.6 â Is This the New Floor? Analysts Say It May Never Drop Below $2 Again! đ
XRP has taken the spotlight in the current crypto bull run, hitting $2.6 after an impressive 283% surge in Novemberâits biggest monthly gain in 7 years! With its market cap soaring to $149 billion, top analysts are predicting that $2 could now become the new macro support.
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đ„ XRP: A New Era Begins
Renowned analysts, including EGRAG Crypto, are confident XRP has entered a game-changing phase:
After smashing through $2, XRP rallied to $2.9 before consolidating at $2.6.
Experts believe $2 is the new floor, with bulls fiercely defending against any major pullbacks.
The next resistance levels to watch: $2.850, $2.950, and a potential breakout to $3.00+.
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đ Massive Long-Term Potential
Veteran market expert Raoul Pal sees a pattern reminiscent of XRPâs legendary 5,600% rally during the 2017 bull run. While the exact scale of growth may differ, Pal highlights XRPâs wedge breakout as a bullish signal for further gains.
> âLast time XRP broke a similar pattern, it rocketed. Even if it doesnât repeat, it could still go up a lot!â â Raoul Pal
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đĄ Why XRP Could Hit $3
With strong market sentiment and bullish momentum, XRPâs next targets are clear:
Break $2.850 to unlock moves to $2.950 and $3.00.
Overcome $3.150 to aim for $3.20 and beyond.
For those who entered below $2, this rally is a moment to celebrate. And for those still watching, XRPâs resilience suggests this could be just the beginning of a historic run.
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đĄïž What It Means for Binance Traders
For Binance users, XRPâs breakout presents opportunities:
Monitor key resistance levels to time your entries.
Utilize Binanceâs tools to manage risk and maximize gains.
Keep an eye on market trends as XRP eyes further growth.