XRP has maintained its $2 support following a marketwide sell-off that affected many cryptocurrencies. Analysts are observing early signs of a bullish breakout for the XRP/USD pair. The integration of Ripple's RLUSD stablecoin into its cross-border payments system is anticipated to enhance XRP's utility and liquidity, potentially boosting its price significantly. This dual-asset strategy, targeting the $230 billion cross-border payments market, aims to increase demand for both XRP and RLUSD. As of recent reports, RLUSD has shown substantial growth, prompting expectations that XRP could rise to $3.50 or above. Notably, a symmetrical triangle pattern has formed on XRP’s daily chart, suggesting that a rebound could occur, with a price target set at $3.51, indicating a possible 73% gain from current levels. Analysts are bullish on XRP due to its adoption, technical indicators, and developments in its ongoing legal situation with the SEC.

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