RARE has decided to follow a ranging pattern inside the designated price range shown in the chart after being rejected at this year's high. This implies that there might be a chance for a breakout or breakdown when the current range market structure ends. Even though prices might experience another correction, the likelihood of a breakout appears to be higher because market mood is still very strong. The price range is 0.1159 to 0.1339, strong levels of short-term support and resistance.
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No one is predicting that XRP will skyrocket to thousands of dollars, especially as the trend of minting endless new coins is declining. But let’s consider an important point: despite being ranked 7th on Binance, XRP's value is lower than that of Solana and Ethereum, both of which also face SEC scrutiny.
Think about the potential of a cryptocurrency that maintains a strong 7th place on Binance. The founder of Binance recognized the potential of Bitcoin early on. If you find Bitcoin too expensive to buy right now, XRP is a solid alternative.
Consider the future value of XRP given its current ranking and potential. It's a practical option if Bitcoin's price is too high for you. Just search for XRP and make an informed purchase to be part of its promising future.