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XRP Faces ...
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Cryptopotato

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XRP Faces Diminishing Momentum Amid Deepening Consolidation: Ripple Price Analysis

  • XRP is currently in a long-term consolidation phase with no clear bullish momentum or breakdown confirmation.
  • Both XRP/USDT and XRP/BTC pairs show indecisiveness with price action within defined patterns.
  • Technical analysis shows XRP/USDT compressing within a descending channel with strong support near $2.
  • Against Bitcoin, XRP is near key support at 2200 SAT and could face a bearish bias if it fails to break above moving averages.

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