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XRP Breakout Imminent? Ripple Price Analysis Suggests a Decisive Move

The article states that Ripple's price action has been quiet and stable, with minimal volatility. This suggests that the market is in a state of equilibrium between buyers and sellers. The article also mentions that a decisive breakout in either direction is likely to happen soon, with a bullish breakout being more probable. However, on the lower timeframe, Ripple has faced resistance at $2.8 and has been moving sideways. The article concludes that a breakout from this pattern is necessary to determine the next major trend direction for Ripple.

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