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XRP may rebound after retail investors exit, with $1.50 recovery key

XRP may be entering a decisive phase after volatile trading accompanied by investor exits this week, an analysis said. Market analyst MichaelXBT said XRP has reached the end of a falling-wedge pattern on the weekly chart and a breakout may be near. He said short-term volatility could shake out less-convicted investors first. Analysts cited $1.50 as the key resistance area, with a close above about $1.51 needed to confirm a breakout setup.