XRP is at a pivotal juncture, with traders predicting a nearly 64% chance it will rise to $4 compared to a 36% chance of falling back to $2. After a significant drop of 6.4% to the $3 mark, users on Myriad predict the future trajectory as uncertain. Technical indicators reveal a balanced momentum, with the Relative Strength Index (RSI) at 48, suggesting neither overbought nor oversold conditions. The Average Directional Index (ADX) sits at 28, indicating a strong trend, likely favoring upward movement. However, large whale sales could bring the 'doom' scenario into play if key support levels are breached. Despite recent bearish movements, a bullish stack is created by the 50-day exponential moving average surpassing the 200-day average. A short squeeze scenario could propel prices considerably higher, while stability in the current trading range poses a risk of sharp corrections if market confidence wanes due to distributions or external pressures.

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