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XRP

XRP Dip Seen as Buying Opportunity Ahead of $3.38 Retest

I see XRP trading at $3.09 after a 6% pullback, which looks like a healthy retracement rather than a trend reversal. The SEC settlement breakthrough keeps bullish momentum intact.

My technical view points to a likely retest of $3.38 if support holds and volume supports the move. Failure of key support would invalidate the short-term bullish case.

I would treat this dip as a buying opportunity with disciplined risk management — add on weakness while monitoring price action and volume for confirmation.

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Analysis

Price pulled back 6% after breaking key resistance post-SEC settlement, suggesting a healthy retracement rather than reversal; technical indicators favor continuation toward $3.38 provided support and...

Recommendation

Buy on weakness: accumulate on dips toward established support, size positions conservatively, and place stops below key support levels to protect against a failed breakout.

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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