According to market analysts Dark Defender and Q, XRP is nearing a critical resistance level and may be preparing for a breakout. Short-term targets for XRP are set at $3.39 and $5.85, with resistance at $2.33. The price action aligns with a descending trendline, and a breakout above resistance could lead to an all-time high. The RSI and Ichimoku cloud indicators suggest increasing strength in the market and a potential bullish reversal. However, maintaining its position above critical levels is crucial for a breakout scenario. Failure to sustain momentum may result in further consolidation.
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