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buy on weakness
XRP

XRP Dip Looks Like a Buying Opportunity Toward $3.38 Retest

I see XRP has pulled back to $3.09 after a 6% drop, but I view this as a technical breather rather than a trend reversal. The SEC settlement remains the primary bullish catalyst and keeps upside momentum intact.

From my read, the recent resistance breakout still favors higher prices, with a likely retest of $3.38 if buyers step in around current levels. I remain alert for a deeper consolidation that could offer a better entry.

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Analysis

Price action shows a short-term pullback after a resistance breakout; key support near current levels and positive catalyst from the SEC settlement suggest the trend is still upward. Watch volume and ...

Recommendation

Buy on weakness: consider accumulating around current prices with a target near $3.38 and a stop below recent swing lows to limit risk. If consolidation deepens, scale in rather than averaging up.

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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