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The bullish case leans on 2022, when XRP rose 90% off its June bottom to the same weekly band, then pulled back before a later breakout.
Bitcoin (BTC) trades lethargically on Wednesday, with bulls battling to defend the immediate $83,000 level as immediate support. Demand extends toward $80,000, which bulls must defend to restore the uptrend toward the September peak above $87,000.
XRP holds $1.49 inside a tightening triangle as ETFs extend inflows to 11 weeks, though October tends to be weak.