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XRP Hovers Around $0.5 Level: Can Ripple Recover?
- XRP is trading at $0.55 and aiming to reclaim a support level, signaling a potential bullish phase.
- Long-term holders show confidence in XRP, indicated by positive MVRV Long/Short Difference.
- If $0.59 resistance is breached, XRP could rise above $0.60; otherwise, it may consolidate above $0.55.
- Ripple's momentum strengthens with an upward trend in the Relative Strength Index (RSI).
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