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XRP $3 Rally Begins? 659 Million Says So

2025-07-08 14:47:38

XRP $3 Rally Begins? 659 Million Says So

Main Idea

XRP is showing signs of a potential rally towards $3, supported by high payment volume and positive technical indicators.

Key Points

1. XRP payment volume reached 659 million tokens in the last day, indicating strong market activity.

2. The Relative Strength Index (RSI) is rising toward overbought territory, suggesting bullish momentum.

3. Technical analysis suggests XRP could retest $2.50 soon and potentially rise toward $3.00 if buying volume continues.

4. Despite potential volatility, the $2.00-$2.10 range remains a key support level for traders.

5. On-chain metrics and technical structure of XRP are currently bullish, supporting the possibility of a price increase.

Description

XRP showing enough strength for move toward $3

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XRP