XRP is facing a critical juncture, hovering around the $3 mark, which traders view as a pivotal point for its future movement. While there are conflicting opinions, traders on the Myriad platform estimate a 64% probability that XRP could soar to $4, as opposed to a 36% chance of dropping to $2. The cryptocurrency is experiencing a technical puzzle, sitting just shy of the neutral Relative Strength Index (RSI) at 48, indicating indecision in the market. However, the Average Directional Index (ADX) at 28 suggests a strong upward trend, supported by a bullish configuration in the exponential moving averages. A recent surge in whale inflows and historical distributions hint at potential corrections. Nonetheless, positive factors such as a potential spot XRP ETF approval add optimism to the market. Overall, the technical indicators lean slightly towards a bullish outlook, with traders eager to see if XRP can breach resistance levels and aim for higher targets, while remaining aware of the risks posed by large holder movements which could trigger sell-offs.

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