XRP price has been stagnant around $2.40, with traders expecting it to climb higher. The XRP Long/Short ratio has risen above 1, indicating bullish dominance. Despite a $40 million outflow from the XRP spot market in the last two days, traders do not expect a significant correction. The daily chart shows a bull flag formation, suggesting the potential for another strong rally. If buying pressure and volume continue to rise, the price could rally to $3.25 or even higher. However, if the price drops below the flag's lower trendline, it could sink to $1.40.



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