XRP is currently at a critical juncture, with traders estimating a 64% chance for the cryptocurrency to surge back to $4 and a 36% likelihood of a drop back down to $2. After a recent decline of 6.4% due to inflation data, XRP is now battling to maintain its $3 support level. Technical indicators reveal mixed signals: the Relative Strength Index (RSI) stands at 48, indicating a neutral zone, while the Average Directional Index (ADX) at 28 suggests an established upward trend. Despite a pressure zone indicated by the Squeeze Momentum Indicator, whale activity saw significant offloads, hinting at forthcoming volatility. Should XRP maintain its position above $2.80, it could breach $3.30 and challenge $4. However, a drop below this critical support could lead to a swift downturn. Overall, bullish factors seem to outweigh bearish ones, favoring a trajectory towards the moon rather than doom.

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