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Altcoins Are About to Surge Dramatically—Why Is XRP Price Failing to Go Parabolic?

  • XRP price is struggling to surpass the local resistance at $2.47, leading to a decrease in trader attention.
  • Current chart patterns and on-chain data suggest a potential further decline for XRP, with uncertain chances of a rebound.
  • While other altcoins are witnessing a surge, XRP remains restrained from the bullish trend, consolidating below crucial resistance levels.
  • Factors like reduced active addresses, decreased volatility, and offloading of XRP by whales are contributing to concerns about XRP's short-term price action.

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