XRP is at a critical juncture, oscillating between a push towards $4 and a potential decline to $2. Market indicators show a nearly 64% probability among traders for XRP to surge to the moon, yet several technical factors underline this uncertainty. Currently priced around $3, the asset has recently experienced volatility, including a 6.4% drop following inflation data. The Relative Strength Index (RSI) hovers at 48, reflecting a balance of buying and selling pressure. However, the Average Directional Index (ADX) at 28 suggests a strengthening trend. The 50-day exponential moving average remains above the 200-day, supporting upward momentum. Despite whale sell-offs totaling nearly $6 billion since mid-July, bullish sentiment persists following the resolution of Ripple's legal issues and favorable ETF developments. Traders must remain vigilant as XRP stands within a squeeze zone, where sudden movements could lead to significant price shifts. All elements considered, while bullish scenarios appear slightly favored, the risk of a downward trend remains, particularly if support at $2.80 fails to hold.

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