The price of XRP has been stuck in a consolidation pattern for over a month but is now showing signs of breaking out. Traders are optimistic about the possibility of a significant rally, with positive funding rates and an uptick in the Chaikin Money Flow indicator indicating bullish sentiment. If the breakout occurs, XRP could see a 29% rise, but it must first flip the $0.64 resistance level into support. If the breakout fails, XRP could face a potential drawdown.



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