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Title: XRP (XRP) Price Analysis: Shows Strong Support at $2.42 Range
In a stunning display of momentum, the price of XRP has surged past significant resistance levels, culminating in a new high of $2.7267. This breakthrough, coupled with Ripple’s recent RLUSD stablecoin launch, has instilled confidence in the market, prompting predictions of further upside potential.
The hourly Relative Strength Index (RSI) remains firmly above the 50 level, indicating sustained bullish momentum, at least in the near term. Concomitantly, other technical metrics reinforce this narrative, fueling the ongoing upward trajectory.
Source: blockonomi.com
