XRP is at a crucial point, with traders divided on whether it will rise to $4 or fall to $2. Following some unfavorable inflation data, XRP experienced a 6.4% drop to the significant $3 threshold, which is currently a battleground for traders. Predictions show a 63.7% chance of XRP moving upward this month, driven by factors such as a bullish trend indicated by technical analysis and the completion of Ripple’s legal issues with the SEC. Key indicators including the Relative Strength Index (RSI) and the Average Directional Index (ADX) suggest that XRP maintains a bullish momentum, with room for heightening prices. However, the recent activity of large holders selling XRP raises concerns for a potential downturn. If support at $2.80 fails, bullish prospects could disappear quickly. Overall, while current trends favor a bullish scenario, significant distribution by whales keeps the possibility of a pullback very much alive.

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