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buy on weakness
XRP

XRP Dip Is a Buy-on-Weakness; $3.38 Retest Likely

I see XRP trading at $3.09 after a 6% pullback, which appears to be short-term profit-taking rather than a bearish reversal.

Following the SEC settlement breakthrough, technical momentum remains intact and price looks set to retest $3.38 if support holds near current levels.

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Analysis

Price broke key resistance earlier, and the recent decline looks like consolidation. Momentum indicators and post-settlement bullish bias support a move toward $3.38, provided support around $3.00–$3....

Recommendation

I would consider buying on weakness at current levels or after a confirmed hold above $3.00, targeting $3.38 with a stop below recent intraday lows to manage risk.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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