From Yahoo Finance: 2025-06-06 03:20:00

XRP surged 7% to $2.20 following a steep sell-off, finding support at $2.07. Ripple’s RLUSD stablecoin approval in Dubai and pending Franklin Templeton XRP ETF decision are driving factors. Technical analysis shows resistance at $2.50-$2.60, while support lies at $2.07-$2.10, with potential for a breakout.

XRP rebounded from $2.07 to $2.20, with significant selling at 19:00-20:00 and high volume. Resistance at $2.50-$2.60, support at $2.07-$2.10. Bullish momentum forming higher-low pattern, but caution prevails. XRP in symmetrical triangle formation, potential breakout if volume increases and resistance breached.

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