XRP Faces Bearish Pressure, Key Levels in Focus
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
XRP struggles to maintain its recent gains, with sellers dominating buyers and price hovering around $1.33. Despite increased ETF inflows and Ripple products, exchange liquidity is low, setting the stage for larger price swings. Traders view this as distribution, with XRP lagging the broader market. Key support levels are $1.33 and $1.28, with a break below the latter accelerating downside. Upside potential lies at $1.35 and $1.38, but short-term bearish sentiment persists.
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