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XRP has broken a key level and now I see some interesting patterns forming on the chart. According to Elliott wave analysis, it seems we are in a strong cycle. The current price is at $1.42 but there's no need to rush since momentum is still weak.
This setup is worth waiting for for the patient. The market cap has reached $87.35 billion and volume remains steady. I am looking at the next resistance level and observing how XRP reacts there. Such movements usually yield the best results for long-term investors who don't rush.