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XRP remains above $1.42, and this is starting to look interesting for those watching the charts. It’s clear that the price is forming the same pattern that two years ago led to a 66% increase over a couple of weeks. Back then, there was a bullish flag, followed by a sharp breakout upward — and now history is repeating itself.
Currently, XRP is trading at $1.46, and traders are waiting to see if it can hold above the critical level of $1.42. If it does, the next target zone is $1.47–$1.50. But if the price drops below $1.40, the first support will be around $1.34–$1.37. Volumes have decreased to lows, which historically indicates that when a breakout does happen, it could be significant.
An interesting point: the 20-day and 50-day moving averages are approaching a bullish crossover, and higher lows are maintained. The chart resembles the same scenario from two years ago before a sharp acceleration. The more times the price tests the resistance at $1.42 without a deep pullback, the weaker that level becomes — and then a breakout becomes only a matter of time.