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Ripple SEC News: XRP Nears Banking License And Faces Critical Support Test

  • XRP is applying to become a bank in the latest Ripple SEC news.
  • Despite recent weakness, the broader trend still favors the bulls, with higher lows seen since XRP bottomed.
  • Technical indicators signal bearish pressure, including a 'death cross' and a negative MACD.
  • XRP's price is in a crucial position around $2.25, with potential for a breakdown if support at $2.25 is breached.

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