$XRP Ripple's RLUSD stablecoin launch boosts XRP past $2.45, | Anja Bassel Zyso on Binance Square

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Anja Bassel Zyso

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Bullish

$XRP Ripple's RLUSD stablecoin launch boosts XRP past $2.45, breaking wedge pattern, targets $2.65, $2.91 resistance.
🔹 Ripple advances its stablecoin venture with RLUSD approval, enhancing XRP's credibility and ecosystem integration.
🔹 XRP sees strong momentum from Ripple's🔥🔥🔥
#XRPGoal #Xrp🔥🔥 

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$XRP Ripple price rises ahead of RLUSD launch, but a reversal is possible The potential risk for the Ripple price is that users may sell the news. This is a situation where users buy an asset in anticipation of a major event and then sell it when it happens. A good example of this is what happened after the last Bitcoin halving in April. Bitcoin rose ahead of the halving and then retreated after it happened. Another technical risk for XRP is a developing double-top pattern at $2.90. A double-top is a bearish chart formation that often precedes a price pullback. In this case, XRP may hit $2.90 and then retrace to its neckline at $1.90. Furthermore, the coin could experience mean reversion, where the price falls back toward its key moving averages. Currently, XRP trades about 60% above the 50-day moving average, increasing the likelihood of a correction. Conversely, a move above the double-top resistance at $2.90 would invalidate the bearish outlook and could propel XRP toward the $5 level. #FullMarketBullRun #Xrp🔥🔥 #RippleRumblings

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$BTC Bitcoin is going to $150k-$200k Many are calling that this is the top because of bearish divergence on rsi in the daily timeframe but historical fractals won’t lie the previous Q4 of 2023 also shows bearish divergence, but instead, the price skyrocketed 🚀🚀 🚀 #BinanceAlpha #Bitcoin110KNext? #BTCNewATHAgain #FullMarketBullRun #MarketNewHype

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$333 Billion in Ethereum (ETH) Held by Only 104 People: 57% of All Coins With 104 wallets containing at least 100,000 Ethereum, or a startling 57% of the total supply, Ethereum's whale dominance has hit an all-time high. This amount, which equals about $333.01 billion, raises questions about centralization while also indicating that the largest holders have a high level of confidence. Whale accumulation has historically indicated long-term $ETH #BinanceAirdropsCATandPENGU #FullMarketBullRun #MarketNewHype

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LIQUIDATION ALERT 🚨 🚨 🚨 $272,300,000 WORTH OF $XRP SHORTS WILL GET LIQUIDATED IF XRP HITS $3. XRP SHORT SQUEEZE IS HERE 🔥🔥🚀🚀 $XRP #BinanceAirdropsCATandPENGU #FullMarketBullRun #XRPGoal #RLUSDApprovalBoostXRP

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$XRP RIPPLE IS BULLING 🔥🔥🔥🚀🚀🚀 $XRP is indeed showing bullish signs. Here's a brief analysis: Key Drivers 1. *Stablecoin Launch*: Ripple's recent launch of its stablecoin, RLUSD, has generated significant interest and positivity around XRP. 2. *Increased Adoption*: Growing adoption of XRP in cross-border payments and other use cases is contributing to its bullish momentum. 3. *Regulatory Clarity*: Recent developments in regulatory clarity, particularly in the US, have reduced uncertainty and boosted investor confidence in XRP. Technical Analysis 1. *Price Breakout*: XRP has broken out of its recent trading range, indicating a potential trend reversal. 2. *Moving Averages*: The 50-day and 200-day moving averages are aligning in a bullish pattern. 3. *RSI*: The Relative Strength Index (RSI) is indicating a moderate overbought condition, but still within a bullish range. Market Outlook 1. *Short-Term*: XRP's bullish momentum is expected to continue in the short term, with potential price targets around $2.80-$3.00. 2. *Mid-Term*: As adoption and regulatory clarity continue to grow, XRP's price is expected to rise, potentially reaching $3.00-$5.00. 3. *Long-Term*: XRP's long-term potential remains significant, with some analysts predicting prices above $10.00. Remember to always conduct thorough research, set realistic expectations, and manage risk accordingly. #FullMarketBullRun #MarketNewHype #RLUSDApprovalBoostXRP

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