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XRP Price Eyes $2 Breakout Ahead of CLARITY Act Senate Vote

Guavy AI Editorial Team
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XRP
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XRP is currently trading at around $1.42 as market participants anticipate a potential breakout that could propel prices toward $2.

According to technical analyst CasiTrades, XRP has been range-bound at the 0.5 Fibonacci retracement level, preserving what she describes as a valid 'W4 structure.'

CasiTrades projects near-term price objectives of $1.74 to $1.78, with an extended advance toward $2.02 remaining feasible should bullish momentum accelerate.

The CLARITY Act Senate vote is approaching, and market participants are expecting the legislation to serve as a catalyst for XRP's subsequent price action.

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