XRP Establishes Higher Range as in Positive Sign of Bullish Breakout
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币界网报道：XRP is showing signs of bullish consolidation, trading between $2.14–$2.18 amid broader market volatility triggered by Middle East tensions. The asset defended key support at $2.143 with 50M units traded during early lows, while repeatedly testing resistance at $2.179–$2.182. Despite a late-session 0.7% dip to $2.167, XRP maintains higher lows within an ascending channel as Bollinger Bands narrow—historically preceding volatility. Analysts note parallels to XRP's 2017 consolidation before its 1,300% surge, though macro resistance looms near $2.60. Glassnode reports increasing profit-taking at $68.8M daily, while RSI sits neutral at 52, signaling potential breakout conditions if $2.14 support holds.
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