XRP is currently experiencing its strongest sustained phase of spot premium, indicative of real buying demand rather than speculative trading. This demand is substantiated by a consistent rise in the number of addresses holding at least 10,000 XRP tokens, even during price fluctuations. The price has surged approximately 350% since late 2024, driven by whale accumulation and potential approval of a spot XRP ETF in the US. XRP's technical analysis shows a falling wedge pattern, typically a bullish signal, with a potential breakout above the resistance at $2.52 that could see prices rise towards $3.78, representing a 70% upside. Conversely, if prices do not break the $2.52 level, a pullback towards $1.81 may occur, though this would still maintain the pattern's bullish structure, allowing for a target around $3 by mid-year. Investors are advised to conduct their own research as all trading activities involve risks.

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