XRP's price action is showing bullish signs, as it forms a pennant pattern on the 4-hour chart. If it breaks out from this pattern, it could potentially rally towards $4.20, representing a 34% gain. XRP is currently trading near $3.16 and is supported by the 100-day and 200-day EMAs, indicating a bullish outlook for the medium-to-long term. The RSI is neutral, suggesting there is room for XRP to move up without being overbought. Traders should watch out for resistance at $3.36 and consider using stop-loss orders below $3.05.



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