XRP’s quiet week may end loudly: On-chain data hints at breakout

XRP has maintained a sideways trend, encountering resistance at 3.34 USD and support at 3.11 USD. The decrease in circulating supply on exchanges could signal a potential breakout, easing selling pressure.

Should bullish momentum sustain, XRP may rise towards 3.66 USD. Conversely, a failure to hold support could result in a decline below 3 USD, signalling a bearish trend.

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