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XRP Bulls Expect A Breakout As Price Compresses Between Key Levels – Details

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XRP Bulls Expect A Breakout As Price Compresses Between Key Levels – Details - NewsBTC

Quick Summary:

Related Reading: Cardano Struggles At Resistance – Expert Sees A Retest of Lower Support Levels Price Analysis: Technical Details XRP is currently trading at $2.14 after bouncing off recent lows near the $2.05 level.

According to Martinez, a decisive daily close outside this range could determine the direction of the next major trend—either a breakout toward previous highs or a drop toward lower support levels.

Volume has remained steady, and XRP appears to be forming a higher low, which could serve as a launchpad for another attempt at the range highs.A breakout above the $2.26–$2.35 zone would likely confirm bullish continuation and open the path toward $2.50 and beyond.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 17:30:10 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 653 words

Reading Time: 4 minutes read

Sentences: 73 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 28476032

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 6 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

Content Availability: Worldwide

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Website Security: Secure (HTTPS)

Publisher ID: #102

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