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XRP Is Breaking Out From a Cup and Handle Pattern Forming A Bullish Signal on the 4-Hour Chart

The news content discusses the recent breakout of Ripple (XRP) from a cup and handle formation on the 4-hour chart, which is seen as a bullish indicator. Traders are closely monitoring XRP's momentum and watching for confirmation of an upward move. The breakout suggests the possibility of a strong rally, with potential resistance levels at $0.60 and $0.70. It is important to stay cautious and pay attention to any potential pullbacks before the rally continues. The article highlights the promising setup and suggests that this breakout could signal the start of a new bullish trend for XRP.

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