XRP is trading at a crucial level, setting up for what could be a major breakout. The altcoin has been one of the top performers since November 2024, maintaining strength even as the broader market struggles with uncertainty. With renewed interest in altcoins and speculation of a crypto recovery, analysts believe that XRP could be one of the biggest gainers once bullish momentum returns. Related Reading: Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming? According to on-chain data from Glassnode, the $2.40 level stands as the most critical resistance for XRP. The UTXO Realized Price Distribution (URPD) indicator signals that a large concentration of supply exists around this price, making it a pivotal level for the altcoin’s next move. A decisive breakout above this resistance could trigger a strong rally, potentially pushing XRP toward new highs. Market sentiment remains mixed as macroeconomic concerns and volatile trading conditions continue to influence price action. However, XRP’s ability to hold above key support levels suggests that bulls are preparing for a significant push. If buying pressure intens ..
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