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Bullish Continuation For XRP Price Shows Possible Recovery To $4

XRP, after a period of consolidation near $2, shows signs of bullishness, recovering 2% in 24 hours and reaching $2.2 intraday. A technical analysis on TradingView suggests a bullish continuation towards $4. The analyst, MasterAnanda, highlights a shift from high volatility to smaller price candles, indicating reduced bearish momentum. Consolidation between April 13th and 21st, and again around April 28th, showed minimal volatility despite upward price movement. This consolidation above the $2 support zone is interpreted as a bullish continuation pattern. Repeated bounces from the $2 support, forming higher lows since April 7th, further strengthen this bullish outlook. Buyer accumulation around $2 suggests a strong upward breakout is likely. The analyst projects a move to $4, based on the chart's upward trajectory. Currently, XRP trades at $2.17, up 2% in the last 24 hours. This positive price action and technical analysis suggest a bullish trend for XRP.
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