XRP is at a critical juncture, with traders projecting a 63.7% chance of its price reaching $4, while a 36.3% chance suggests it may decline to $2. Recently, XRP fell by 6.4% to the significant $3 mark amidst market volatility influenced by inflation data. The current technical indicators reveal an ambiguous situation. The Relative Strength Index (RSI) at 48 reflects a neutral stance, while the Average Directional Index (ADX) at 28 supports an ongoing trend in XRP’s price. Bullish trends are further indicated by the short-term 50-day exponential moving average being above the 200-day average. However, large whale sell-offs raise concerns about potential corrections. Despite this unsettling factor, the end of the SEC and Ripple's legal battle provides a positive outlook. With significant catalysts on the horizon, including a probable approval of a spot XRP ETF, XRP may experience drastic price movements. Analysts suggest that if XRP holds the $3 support, a surge to $3.30 or higher is plausible. Conversely, breaking below $2.80 could trigger a bearish sentiment.

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