Ripple Price Analysis: XRP Likely to Retrace Toward $2 Before Targeting New ATH

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Ripple Price Analysis: XRP Likely to Retrace Toward $2 Before Targeting New ATH
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XRP has experienced an explosive rally, breaking through significant resistance levels and reaching its highest levels in almost seven years.

The price action reflects extreme optimism, but the RSI has surged into overbought territory, suggesting the market is overheated. Such conditions often precede a period of consolidation or corrective retracements, as buyers may need time to digest the gains before pushing the price higher again.

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