XRP is at a critical juncture, currently priced at around $3.11, with traders nearly evenly split on its future direction. Recent market activity shows a 64% chance of XRP climbing to $4, while a significant 36% believe it may fall back to $2. The key indicators suggest a neutral stance, with the Relative Strength Index (RSI) at 48 and the Average Directional Index (ADX) highlighting a strong trend. The technical indicators also demonstrate a bullish setup, supported by a favorable moving average structure. However, large sales from XRP whales raise concerns about potential downward pressure, underlining that support levels near $2.80 are critical. The end of Ripple's legal battle with the SEC and a high probability of an XRP ETF approval by December could serve as catalysts for upward movement. Overall, while the technical outlook appears slightly bullish, caution remains due to substantial distribution from whale activity, keeping the 'doom' scenario plausible.

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