XRP is currently navigating a critical price point, hovering around $3 after a significant drop spurred by inflation concerns. Traders exhibit a bullish sentiment, with a 63.7% probability on a prediction market favoring a rise to $4, while 36.3% foresee a decline to $2. The Relative Strength Index (RSI) positions XRP at 48, indicating a neutral stance between buying or selling. Despite this, the Average Directional Index (ADX) at 28 suggests a strong upward trend may continue. The coin's technicals include a bullish structure with the 50-day exponential moving average above the 200-day average. However, large whale sell-offs hint at potential corrections, as nearly $6 billion worth of XRP has been sold since mid-July. The SEC's resolution with Ripple and the likelihood of an XRP ETF approval are compelling factors that could swing price direction dramatically. A breakthrough above the $3.30 mark could lead to a significant rise towards $4, but a breach below $2.80 might unravel the bullish outlook, highlighting the unpredictable nature of the crypto market.

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