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Ripple Price Analysis: Has XRP Run Out of Juice After 9% Weekly Rally?

  • Ripple has reached a key resistance level at $2.4, but lacks sustained buying strength.
  • The $2.4 mark coincides with the 100-day moving average, making it a strong supply area.
  • A rejection from this level is anticipated, leading to a period of sideways consolidation.
  • For a clear direction, Ripple needs a decisive breakout from the current range between the 100-day and 200-day moving averages.

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