XRP is consolidating above the $2 support zone and could potentially breach the $3 psychological resistance as whale transactions continue to accumulate. The recent buying spree by large holders coincides with XRP's price growth and has historically preceded substantial rallies. Analysts predict that if XRP breaks the $2.60 resistance, it could head towards $4 in the long term. Technical indicators, such as a breakout on the daily chart and the completion of an A-B-C corrective wave, support a bullish outlook for XRP. Additionally, XRP is backed by fundamentals like Ripple's RLUSD stablecoin rollout, which is likely to drive further growth. While XRP is exhibiting short-term bearish sentiments, the overall market outlook remains bullish. However, investors should be cautious of a possible price correction or consolidation in the short term.



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