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XRP Faces ...
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TronWeekly

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XRP Faces Short-Term Weakness, But Long-Term Setup Points to $13 Target

  • XRP experienced a pullback to $2.42 after encountering resistance at $2.64, indicating short-term selling pressure.
  • Short-term technical indicators like bearish divergence and negative MACD signal weakening momentum.
  • Trading volume spiked 30% to $5.47 billion, demonstrating strong market interest despite the dip.
  • A long-term bull flag on the weekly chart suggests a potential breakout towards a $13 target for XRP.

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