XRP faces a critical juncture, trading at $3 while signaling potential movements towards either $4 (the moon) or $2 (doom). Traders on the Myriad prediction market estimate a 63.7% likelihood of a bullish breakout, despite recent downward pressure fueled by inflation data. Technical analysis indicates a balance between bullish and bearish indicators. The Relative Strength Index (RSI) is at 48, suggesting no strong momentum, while the Average Directional Index (ADX) shows a strong trend at 28, hinting at the possibility of continued upward movement. Moreover, the 50-day Exponential Moving Average (EMA) is above the 200-day EMA, forming a bullish configuration. However, significant whale sales have contributed to market uncertainty, with a surge in inflows to exchanges raising concerns about possible corrections. The overall sentiment remains cautiously optimistic, with price pressures leading to critical support levels around $2.80. A break above $3.30 could indicate a push toward $4, but any slip below $2.80 may signal a bearish turn.

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