XRP is currently facing a critical juncture as traders speculate whether its price will surge to $4 or drop back to $2. Currently, there’s a 64% chance identified that XRP will follow a bullish trajectory toward the moon. After a significant drop of 6.4% this week, XRP now sits at the pivotal $3.00 mark. Traders on Myriad predict the price could further break upwards to $3.30 in the near term, given various technical indicators that support an upward movement, including a bullish relative strength index (RSI) and a strong average directional index (ADX). However, substantial sales by large holders continue to pose risks to the price stability, with a potential bearish scenario looming if support cracks below $2.80. Overall, while bullish signs prevail, the market remains highly volatile, dependent on forthcoming catalysts such as NFTs and ETFs that could dramatically sway prices either way.

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