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XRP Consol...
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Cryptopotato

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XRP Consolidation Nears End, Major Move Incoming: Ripple Price Analysis

  • Ripple's price has stalled at the crucial 100-day moving average of $2.5, signaling a period of consolidation.
  • A breakout above the resistance could trigger a significant rally, while a rejection may lead to a sharp decline.
  • On the daily chart, the presence of sellers at the $2.5 level increases the likelihood of a rejection.
  • On the 4-hour chart, Ripple is facing a strong resistance zone between $2.5 and $2.8.

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